InvestorsHub Logo

Almost retired

10/04/11 3:49 PM

#25667 RE: muckdogstrader #25665

Just remember, if it was easy, everyone would do it :)

BTW, almost everything is down-economy is in the shitter.

That said, check out the 12 month chart for NENE. I bought it a few years ago and held til this past Dec.
My patience paid off, tripled my money.

As long as you still believe in the companies you are invested in, keep the faith. I know its hard as I have watched my account go from $60k to just over $20k right now. SCARY!

Just remember, long term investing has benefits over shorting/trading.

Good luck with your picks :)

ToldYaSo

10/04/11 4:10 PM

#25672 RE: muckdogstrader #25665

Muckdogstrader, this market has been a bit rough, no doubt!

I have made some money on penny stocks this year, and lost some, too....up a tad for the year though, and my realized gains percentage is better than I would have gotten in a bond fund, savings account, or most stock funds, so I can't complain.

Am still holding 3 stocks that tanked--and am waiting for a bounce to get out....I'm patient, it will come, and I'll even make a little profit, I hope!

I'm also holding 4 stocks I bought with no expectation of a flip/short term hold....CNUV is one of those. I have posted here before that I believe that this is a long term play--year or two--and I still believe that wholeheartedly!

Only play with money you don't mind losing--kinda like betting on a horse race, lol!

We all need to remember that the merger with Surgline was just last month. Give them time....let's let the dust settle, and the new CEO concentrate on sales....then the rest will take care of itself!

Luck to ya.....we have a winner here!

*********************************************************
this is all just my opinion, almost everyone has them, and these are mine.




Tinker2387

10/04/11 5:22 PM

#25674 RE: muckdogstrader #25665

keep your head up, hopefully you researched those companies well and you didn't invest more than you can afford to lose. The stock market as you may know isn't exactly picture perfect right now. I've lost a heap of money myself as of late, don't wanna scare you more but its the truth. Hopefully you have an escape plan so you can live to see another day with another company. But I feel we have a winner here with CNUV, they have a lot of big things in store and I'm currently in the green with my shares, and hope to grab some more of these teen's, because I don't think they will be around too much longer. Good luck to you and I hope you are sucessful