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Argonath

02/02/10 2:42 PM

#4464 RE: badknees29 #4461

10-4.

The problem with most traders/investors is, they dont have the emotional fortitude, or the patience to set goals, and then pull the trigger when those goals are met.

I know a friend who was averaged down on a stock at .011. It ran to .054, but he kept thinking it would go much higher.

He never sold until it dropped to .02.

Funny thing is... he told me his GOAL had been .05


People are emotional hypocrites many times. When this hit .40 months ago, they were excited. Then, when it dropped to the low .20's they called SCAM and ranted against the CEO.

Now that it gets to .40 they dont take advantage, but instead play the emotional roller-coaster again.

Its funnt in a way, but also very, very sad.