Replies to post #50 on California Coastal Communities (fka CALCQ)

[Enterprising Investor]

Not one of my best investments - so far.

The action this week is more likely to be the result of tax selling as new 52-week lows are hit daily.

I had planned to increase my position this week in advance of this week's selling. Now, I will slow down those purchases until the price levels out.

[56Chevy]

On the road all day yesterday but from the looks of it ignornace is bliss.

Ya ugly week for sure and maybe we should of known end of year sell offs were inevitible...I dunno...sometimes this game is alot like golf in that you can do all of the positioning things right -choose the right club, knees slightly bent, feet apart, shoulders square, nice back-swing, left arm straight, eyes fixed on the ball, good power stroke.....and at the moment of impact it all goes down the tubes because you forgot the grip...the club rattles in your hands on impact...no power what-so-ever and the ball goes dribbling down the fairway 75 yards.

We did everything right...but just as EI said...we're getting hit by end of year sell off.

I'm adding...it would be foolish not to!