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BBB

04/03/11 2:18 PM

#17077 RE: kevenluck #17076

Excellent post kevenluck - I'm with you!
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EliteYoda

04/04/11 1:05 AM

#17086 RE: kevenluck #17076

Kevenluck - Of course, your welcome though while I agree with much of the points in your post, I still think it is key to stay on the fence in your perspective about your prospects with your investments. I have learned the hard way over decades of investing that it is critical to stay BALANCED! You cannot fall in love with your stocks AND you cannot get fed up and sick of your stocks and sell because of inactivity or speculative concerns surrounding the company. Fall in love with one, and you could easily become bias and be buying way too much of the stock when you could have been (properly) selling it (cutting losses), spit on one of your stocks unnecessarily and you could wind up liquidating all of your shares after years of inactivity just before the stock finally sky rockets, I have been in both scenarios many times and it can get very frustrating. You must remain detached, fair and balanced in your perspective on a stock.
While the bashers have some valid points, not all of their speculative musings are correct and while the pumpers have some valid points about potential for the company, there still are concerns about profit margin (or indeed any profit existing at all) which mitigate their jubilations.
This is why all of the 'experts' on CNBC always use the term 'cautiously optimistic' which really means nothing other than, 'we will see but for now we are like everyone else and on the fence'. LOL. It is a blanket statement but still the proper mind set to be in going into war. When you watch fighters stances going into battle you can notice that the losers will either be way too amped up or way too low energy and the winners usually just calmly get into a mid level neither offensive nor defensive stance while still giving themselves only a few jumps up and down to keep their bodies ready for explosive action.
cheers