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justatrader

05/23/19 4:52 PM

#44529 RE: El Trin #44527

That is the way I am playing it. A lost is not a lost until you sale the stock, the company has been around a long time and has an income and partners, it’s not going anywhere. If you sale at a lost it takes about 1 ½ times the percentage to make it back. Bishop wants to make money as well as we do, I am quite sure he has a lot more shares than we do. This is not going to happen in a couple of weeks, its going to take time, unless he is further along than I would guess. If any one was down only 5 to 10% it would be a tossup, a 10% loss in easier to make up and is the usual rule for when day traders leave a stock. If it goes down to the low trips like some are saying, I will buy more and cost average down.

This is just my opinion everyone has to do what they think is best.