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stockchick

10/19/10 10:46 AM

#82717 RE: vegasdrummer #82702

If you had watched and traded how many times your investment would you have now? The fact that you have lost money in my opinion is not the companys or the markets fault. It is your inability to read the company and the market and react accordingly. I came on here and spoke of the blown structure and that it would ultimately kill any sizable run in the stock. It was not a popular statement. I said that we had not even begun to see the shares in the market and again I was not popular. I praise what i think they do right and critisize where I think they are wrong but despite some runs I stuck to my critisism of the structure. Not popular. I have been very honest with what I was buying and when. I said I was buying at 5s evn when it eas 6 by 8 and was told that I should hit the ask. We are all going to get rich was spouted. Well while I doubt anyone has gotten rich I and others have mde very nice returns. You have bee around longer than me and have had a much better opportunity to make sizable returns than me. I understand the tendancy to not want to sell when you are down for hope and fear that it will go up and you will lose. Look for trends. Never be afraid to take back some or all of your capital reserves. Just think if you had sold at every ask and bought back at every bid how much you would have made. You held your position instead of your money. I hope this is not too harsh. It is not intended as an attack on you and is actually posted in hopes of helping you and others not rinse and repeat but instead make money.