Replies to post #8179 on First American Scientific Corp. (fka FASC)

[Jagman]

terry hallinan: Not sure what you are disagreeing with, stocks like IBM aren't "junk", but certainly can be up and down depending on their quarterly reports and outlook. If I bought IBM at $99, I made a "bad" investment (now at $77). Bottom line, cut losses at a certain percentage, and take profits at a certain percentage, generally speaking, I guess. I haven't been able to stick to that approach, and in volatile markets like now, the "losers" probably would outweigh the "winners" and eat away the funds.
If you and I can figure out the best approach, we will get rich! If you are already rich from the stock market, please share! LOL!