InvestorsHub Logo
icon url

PWron

04/07/12 12:26 PM

#12210 RE: kybob #12209

I've lost 90k and I still think good things are coming. I think management is starting to find their way and something good is going to happen soon. Stay long my friends.

PW
icon url

pacco1111

04/07/12 1:32 PM

#12213 RE: kybob #12209

Just my 2 cents worth on investing in stocks-
1- never invest in a stock with falling PPS
2- always invest in a stock with rising PPS
3- never invest in a stock that is not immediately convertible for cash
4- always set a loss limit (I use 20%) and stick to it. Do not get "married" to the investment. Even "pocket aces" often loose.
4- never buy on emotion. Greed and ego will take its revenge
5- remember that investing should be to make money. It's a business decision and always treat it as such. If you are loosing, sell.
6- if you have positive feelings about the company and or product then watch its stock and buy back in when the PPS starts to rise.
7- some money is better than no money
8- long on a stock really means that ego has won
9- repeat the above steps if PPS shows a rising trend and you still believe in the company and or product

Good luck and have a wonderful Easter. May God bless all of you.