Most big board stocks have lost about a third of their value, so plays like Chevron are not even safe anymore at least for people not holding long. I guess now the big board plays should be alright, but we all thought that 6 months ago and looked what happened. I would like to think we have sort of bottomed out, but things could always get worst with something we do not see comming.
About one year ago I really got out of pink plays except for 3 or 4 and invested all into the big boards. I actually over the last six months have made money on pink plays and have lost about 25% on my big board plays. Just cannot figure out this game yet. Thank god I only trade and invest in stocks 5% of my income.
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