InvestorsHub Logo
icon url

BCIT

03/10/10 12:22 PM

#76017 RE: Lucky_Charm$ #76014

same boat here, avg in @ 26, call me crazy, I'm thinking about buying more..
icon url

514

03/10/10 12:22 PM

#76021 RE: Lucky_Charm$ #76014

why would you sell on a drop ..? you buy in a drop and you sell in a run ( SS in this case ) thats how you make money in the market...

Comon guys this is a pullback not a sell-off !!

do you know the difference ? well this will take us higher on the next leg up !!!
icon url

stlinvestments

03/10/10 12:23 PM

#76025 RE: Lucky_Charm$ #76014

Do not worry! My first BUY was @ 22 and my last one was @ 44 and I am holding tight.
Just look at the BIG picture and not the day to day fluctuations.

GLTA
icon url

ctay

03/10/10 12:24 PM

#76029 RE: Lucky_Charm$ #76014

cmarj123,
Hope this helps, as most of us in CDIV feel like we are sitting on the calm lake as the MMs work their panic sells and lose more $$$. Cause they know as well as we do, the cover is coming...

icon url

J.C.N.

03/10/10 12:26 PM

#76035 RE: Lucky_Charm$ #76014

Thank you for your honesty. Look at my profile and you should be able to see that I am not worried or concerned in the least about what short term price CDIV may or may not be.

My interests are the exact same as yours and I am not worried because the CDIV BIG PICTURE is what we look at not a day or two swing in price.

If the price were screaming up these last two days would you even be concerned. It is when we get a gut check on what we bought that we see what we are made of and decide whether to buy more at the discounted CDIV prices or not.

Glad your in at .26. So is a friend of mine and he is very happy even now.
icon url

finefinesuperfine

03/10/10 12:36 PM

#76062 RE: Lucky_Charm$ #76014

I can relate, because I'm in at the same levels (actually a bit higer -- I'm in at the .28-.32 level). Think of it like this -- you are still up 25% on your investment. If you bought in at .26, that was probably about two weeks ago? So you've made 25% in two weeks. That's really not too bad, is it?

I know you were happier when we were at .48 and you were up 80+%. We all were. And we'll all be happy when we get there again in a few days.

Keep some perspective on things. It's not like you're down 50% and getting killed -- you're still green on your investment, right? It's not like the company is diluting and burying us in excess shares -- volume on these red days is not higher than normal.

No one likes the red days. Everyone who is staying positive, posting about how the MMs won't shake our shares free -- they would all be much happier with green days as well. But they know that these drops are part of the market, and in this case, are a last-ditch attempt by the MMs to scare us. So even though they are seeing their account balances drop as well, they are holding strong and remaining confident, knowing that CDIV is a winning play.

With that said, it's your money and you need to do what makes you feel comfortable. If you want to take your 25% gain and lock it up, that's certainly your choice. But next week when we are back at .48 (and a few weeks beyond when we are at $3.00), don't expect us to feel bad for you because you sold and took your profit.

Hope this helped give some perspective.

GL!!
icon url

sholtz

03/10/10 12:41 PM

#76075 RE: Lucky_Charm$ #76014

Cmarjr than you are in this for the wrong reasons and have not yet grasped the concept of a "short squezzzzzeee" re-read all posts associated with a short squezze & then you will understand what we are a part of here & it won't be hard for you to continue to hold no matter what happens in here day-to-day...Leave your emotions for funerals & weddings.