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CSykes

12/23/09 12:57 AM

#64773 RE: Britpack #64769

I'm a professional investor/trader, I don't dwell on what I may or may not have missed out on. Hindsight doesn't make me any money.
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DOLLARLAND

12/23/09 9:04 AM

#64823 RE: Britpack #64769

No stock, whether it be on the big boards or in Pinkyland, is a slam dunk. You always need to weigh the pros and cons of any investment opportunity. This stock takes a little time to do the thorough due diligence needed to fully understand it. Last night, we had a seasoned trader pop his head in and make an opinion after merely glancing at a PR and rush to judgment. That is easy to do if you choose not to invest, as you have nothing to lose (except potential profits). On the other hand, I am sure where he has made successful "10-bagger" investments, he did more than glance at a PR - I am sure he completed thorough due diligence of those companies before investing. Point is, no one has the time to research every publicly traded company, and in the case of QASP, he didn't like what he saw on the surface and decided not to dig any deeper. I think if many of us took that same approach, we wouldn't still be here. You need to know what you own to be comfortable here, and I feel the pros far outweigh the cons based on what I have studied.

Rhino