Replies to post #11657 on Mesa Air Group, Inc. (fka MESAQ)

[g2nec]

Either way, big risk, long vs short and losing your low avg pps. The low avg pps is what kept most in the game with CEM during the real pullbacks and also allowed many to be patient and buy at the absolute lows really not caring if we added or not.

[adelevet]

It's funny that this would come up. Just a few months ago I was follwoing three Qs, and after making a good profit on each of them started to get cocky... rotating in and out of holdings, selling in anticipation of resistances and buying in anticipation of support levels. It just so happened I more than eliminated all of the previous gains by selling too early into a run and then buying when it had nearly run its course. Still to this day makes me sick to the stomach.

Still, it can probably still be done, but my position, too, would be to hold the majority and trade a few only if you have to (pay the bills for example).