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grego68

05/17/12 8:25 AM

#11579 RE: profitspls #11577

and we end up in the red or right back where we started the day at.

big white dog

05/17/12 9:22 AM

#11586 RE: profitspls #11577

I believe this. The past two weeks this stock has closed at the 20 level. Where it is true there were huge swings during the day, it always closed at its open or 1 +/- of it.

If you look at a 6 month chart, we had the exact same setup the beginning of March, where it shot up to the 4's.

The past two weeks, this forum has been a ghost town, and I know that getting the financials updated BEFORE any news announcements of JV or distribution, takes time and it takes this stock off of peoples radar for now. This will move again, someday.

Point being, everyone here already has stated all of this before. Our discussions on this board in NO WAY effect the price of the stock, they only make us feel better. The only thing that effects price is the company and the product they are selling. If you have done your DD, and you have stock in this company, then you know what it can be someday. Like I tell my wife, if you watch this everyday, you will go crazy and second guess yourself.

I still own a big chunk of this stock, and have bought on the downturn to lower my average. But I have also turned my attention to other stocks out there, that are moving and I can generate some income.

This is a long term for me, so I am not worried, that is why I trade the stock, not my emotions. Relax, this will head up again, and then we will all be high fiveing each other again!!LOL