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igotthemojo

08/08/11 5:11 AM

#28328 RE: saintcalvus #28315

"like Ocho said, there's a credibility with Kraig Biocraft you don't find with most pennies"

and yet its a dime a share...so what good is all that supposed credibility?....i mean other than the small comfort it might give a few people who choose to believe it makes the stock less risky?...

"Mojo is saying don't maintain ANY position and I think that is provably the wrong approach with this stock"

mojo says dont hold ANY penny long...and you cant prove any such thing..

"The thought that buying on dips that prove to be temporary is somehow anathema, is just shortsighted"

the call i made means that instead of buying at .11, the buy could have been made at 10% less..meaning the same money could have bought more of the beloved shares...would that not be a good thing?...is there something wrong with that?..

"Accumulating a position over time with KBLB is a winning strategy IMO"

only if kblb strikes gold..otherwise its a loser...on the other hand, traders are pocketing profits on a regular basis.....how is this a bad thing again??

"Holding when your not "in the money" is ok if your not day trading"

holding stocks that are losing you money is not ok regardless of the time frame...sometimes selling them and buying back later is a good option...sometimes you hold for so long that selling them doesnt even matter anymore...or sometimes you may "double down" if the stock drops further turning the investment into more of a gamble than an investment...and yea sometimes if you hold long enough it will return to where you bought it...and go up and go down etc...which is exactly what makes trading a successful strategy...
again, kblb was a dime when i came here 8 months ago...its still a dime...but it has had many nice money making fluctuations in between.....but you keep holding onto that dream..