Replies to post #1053 on Power 3 Medical Products Inc (fka PWRM)

[Harleyman]

Tommy 105,
I totally agree with Hosspepper. I have sold stocks at a loss, but I was either too hardheaded to sell when the fundamentals changed, or I sold out without patience when the fundamentals had not changed. If you believe in PWRM, and nothing fundamentally has changed, which I think it hasn't, then sit tight. If you haven't the stomach for this...buy into some mutual funds and get some sleep. Your investment decisions should not cause you this much angst, IMO. Personally, I wish I was holding since .07 as you are. I would be delighted...I think your investment is solid!
HM

[HOSS]

ha ha...I know it is so difficult but is the single most important quality in a good trader/investor...know why you got in, and if nothing has changed fundamentally with the play, there is no reason to get out, even if it dips a bit...we know this stock is volatile, so we know to ignore the two cent swings that happen almost daily (if you want to trade them, be my guest, but do not get caught on the outside looking in when news breaks as you will NEVER forgive yourself; still pissed about several past plays even when I made profits on them)...we also know this could dip back to 0.10. If nothing changes with the play, I load up more on that dip b/c more than likely we will be right back at 0.15 a week later after the MM shakes out the impatient. Patience.