Good points, Gainseeker. I have personally never understood the mentality of bashers. If I'm not in a stock, I try not to knock it for the sake of the longs, and if I've sold a stock, I'm out and I stop posting on it.
But I've come to understand that there really are people who seem to either enjoy raining on other people's parade, or who really want to depress the pric of a stock for their own selfish reasons. This is so strange to me.
I have done my DD on this stock, and I am convinced that it is currently undervalued. However, it seems easier to instill doubt and negativity, than to create confidence and faith. I am sad to see people sell at a loss, especially when they're selling something that has such potential, imo.
But it's not my place to try and convince anyone to hold long. This is all very personal. I can only explain why I personally own a stock, and hope that people may see a reason of their own.
Sometimes I think the worst thing that ever happened to stock trading was the internet and instantaneous feedback on the prices. If you're a day-trader, it's essential. For everyone else, it only creates unnecessary agony as they fret over every downtick.
Some stocks you daytrade, other stocks you hold long. You have to be very clear in your mind your strategy, and choose to hold tight, despite the bumps. Too many people agonize over daily movements as if they're daytraders, and try to jump around trying to catch the momo.
This never works, in my experience. If you've chosen correctly on fundamentals, the momentum WILL hit your stock, and you will ride the wave with it. Chasing stocks generally only leads to compounded losses, in my humble experience.
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