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midnighttrains

07/14/12 9:36 AM

#45813 RE: bananarama #45812

You are a man that knows what he is talking about!

igotthemojo

07/14/12 10:49 AM

#45814 RE: bananarama #45812

There are times when you can sell too soon and wish you had held, and other times when you thank your lucky stars that you sold in time...Which one will kblb be?...that's the question...and no matter how much of a market sage you claim to be, you don't know the answer...

It's true you need patience at times in the stock market...but that should be measured in days, maybe even weeks....not months and years...

", or I made a paltry ten or fifteen percent. "

Make ten percent five times and you've done extremely well...I'll take ten percent ever time I can get it...

BOOYAHH!

07/14/12 2:35 PM

#45817 RE: bananarama #45812

Why do you feel kim is a capable genius? A capable genius would have had this to market by now, partners would be announced, things would be progressing.

this is going nowhere fast, whiteface will have ample opportunity to hop on, for even better prices because the platform for liftoff has significantly lowered.

This may become a failed company that was very close to great things.

Things dont look good.

whiteface88

07/14/12 6:52 PM

#45828 RE: bananarama #45812

Thanks Bob,
Yes, I'm green in investing......less than four yrs.
Lessons learnt:
a) Always take some profit when there. Never yet have seen one stock shoot to the moon and stay. Even on a solid rise, there's peaks and valleys. Even true with Apple. If you're worried about missing 'the boat', split the holding into two groups - long and short. When hit a new peak, sell the short and patiently wait for the next dip.
b) Only a few good stocks are necessary. 'Good' in the sense they match your goal/plan/style. Find them and stick with them. You'll note they often follow repeatable/predictable patterns, which following a) you'll get making money.
c) NEVER invest/chase a stock you don't know. (See a) and b))

That being said I had (3-4) stocks in my account. All of which I've followed for at least the last 2 yrs. June 2011, I thought KBLB matched my style. KBLB has been in a trend which hasn't met my 'style' for the last 6 months or more (down). I don't see it coming out until the wishful day KBLB signs a commercial contract. Till that day, I'll limit my max account portion to 10% KBLB. Right now 0%, likely for the next month or so while I focus on the expected volatility of the other 3. Even if the big deal is made, there'll be a chance to jump in and ride the spike up. After the 'love affair' is ended, it will drop. Afterwhich if profitable, true investing firms will come it and another rise will come. How high? All depends on how profitable. But, til the big announcment, I view KBLB as just an exciting lab experiment, which at this point has investers disinterested.