Nice point I like that......I bought a penny stock 2 years ago and right after I bought it, the thing tanked. Was down 50% in minutes. Then It dropped another 25%. So now I am down 75% of my money. I held it for around 15 months and sold for a 50% profit. Granted, no one wants to do that but proves your point.......the game is over when you say it is over.
I agree for the most part. Although sometimes its more smart to take a small loss and re-invest in something else and make that money back in a shorter time span than it takes to wait for a stock to bounce back.
If the stockmarket was simple everyone would be millionaires :) Its knowing when to hold and when to throw in the towel and re-invest.
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