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bananarama

01/19/13 8:47 PM

#51887 RE: Bucks4Buckeyes #51883

Hi Bucks,
This line you quote is so hard to do, "selling high and reloading more on the dips." I have tried this so many times only to find that the stock kept moving up, and I missed my chance to get back into the investment.

KBLB is too good of an opportunity for me to take a chance like this. If I sold a chunk of shares, I would not be able to sleep fearing that I might not be able to get back in. Therefore, I just close my eyes and hold for the long term. There is never a guarantee that the shares will dip back down.

Of course, one has to do DD and keep an eye on every investment, but I would rather hold than stress myself out. However, each to his own.

No matter, good luck with any decision (s) you make. All the best....
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first mike

01/22/13 4:06 AM

#52018 RE: Bucks4Buckeyes #51883

Long term does not mean never trade.

Wow, FIRSTMIKE, you've been drinking the "flipper kool-aid" I see.

Hi B4B,
I am a long term investor with great faith in the science behind KBLB and an expectation of a large rise in the PPS over the coming year.
But that does not mean that I am too fearful / lazy / foolish to trade a portion of my holdings in and out so as to accumulate more.
I did quite well doing this in 2010 and I hope to do so again in the coming year.
I do not sell all that I have nor mortgage my house to buy more, but I am not averse to trading 10% to 50% of my holdings if the situation warrants it.
If I sell 25% and the PPS drops by half I will buy back twice what I sold.
If I sell 25% and the PPS doubles, I will be content to hold 150% of my previous cash value.

Mike L.