"I have said this countless times here, what makes a successful shareholder and INVESTOR is PATIENCE. However, you young guys and girls today want instant gratification. You want to make lots of money in a stock immdediately. "
Today's stock market is far different than it was 40 yrs ago...things are much faster and you have the ability to trade and analyze stocks at your finger tips...that is too huge opportunity to ignore..for those who are willing to put in the time and effort to learn how to take advantage of it...instant gratification is entirely possible...and there's nothing wrong in that...
"I have found that impatience spawns from FEAR, and it is fear which ruins stockholders. It causes them to make irrational decisions only to look back and say, "why the hell did I sell that stock?"
When dealing with penny stocks, a little caution is a good thing...how do you think those people feel that sold kblb at .08 or .07 or .06?....now they are free to buy twice as much as they had previously if they choose...is that so bad?...is that irrational?...should they have not sold and held instead?...would that have been better?...
"Those selling KBLB today will look back several years from now and say, "why the hell did I sell that stock?"
If they only had one opportunity to buy, you could have a point...but knowing they can buy shares in an instant if they want, kinda makes that point, well pointless..
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