Replies to post #81 on China Water Group (fka CHWG)

[DAZ123]

I have no idea….. I invest differently than you. In the past I tried to estimate the ceiling, and dump the stock within 10% of the top. I got couple times right, but mostly wrong…
The stock either never got to my 10% sell zone before it plunged, or it blasted right through it.
Now I do this:
1. Buy the stock after I determine all time low (never lower again, unless the company goes bankrupt).. By the way I am always wrong on the low…
2. Than I buy again for the same amount of money when it goes down another 30% to 50% (unless I have no extra cash).
3. Than I let it ride….
4. Sell 2/3 by taking the principle out with 25% gain in $$$.
5. Than I dig a hole, and cover the remaining 1/3 for at least 3 years. Up, Down, Sideways, LongWays, GoodWays, BadWays, Do Not Give a crap Ways, until I find my WALMART!!!!!!!!!!!!!