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g2nec

06/04/09 12:31 PM

#17518 RE: oaps222 #17513

Traders learn and learn not to look back, no would,,coulda..shoulda. All about the end game here
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CEMJQ Multi-Millionaire

06/04/09 12:36 PM

#17523 RE: oaps222 #17513

I have 2.5 Million shares with an adjusted basis just under .05 I'm not going to screw it up. I just don't feel lucky enough to flip. Those who do, more power to you.

I'm comfortable knowing my destination is dollar land and I will be nasty rich. That is enough comfort for me. Hoping I can get past 1 year before selling to get long-term capital gains treatment.
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Xenn

06/04/09 12:54 PM

#17536 RE: oaps222 #17513

Playing monday morning quarterback in trading is moot. I would never touch my core position in this stock. I do however trade around my core position. Any trader worth his/her salt would not bail on a core position if she/he believes this stock is marching to the $1+++ territory.

News could come out at any moment and you could get a whopper of a gap up that will leave you sitting in the dust. Sure, he could have bailed at .40 and then watch it vault up to $1 in 2 days (Cemjq is capable of seismic moves). Instead, we got a retracement, but it could just have easily have had a seismic move to the upside.

I don't trade with a crystal ball, but I do trade with experience and common sense.

Shoulda, Coulda, Woulda has no place in trading.

Here's to seeing CemjqMillionaire at 2 million...cheers!