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cornelious

11/01/11 6:54 AM

#5174 RE: Ecomike #5173

I feel bad for the people who dumped their stock because they got scared. I never buy stock as an investment. I only buy stock as a gamble and on the flip side of that i have never lost money on any stock. Becaus i will hold it until the bottom is gone or until i make the amount of money i planned on making in the beginning. But one time i had a stock where i had 22000 invested and it sunk so low and stayed there for over 2 years. When it finally got back to the point where i bought it plus 2 dollars i sold it immediately. Now the bad part about that was that stock continued to rise and topped out over 18 dollars of what i paid for it. So i guess what i am saying when you buy stock make sure you have that money to loose. Kinda like going to vegas. Buy it hold it and never sell it until you made your profit or the stock goes under. Just my advise but i can say i have never lost money on a stock. Not to say right now i have a ton of stocks that i am still holding and waiting. but the market is in bad shape right now.