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Drax Tracks

03/21/14 12:53 PM

#9512 RE: shell3 #9509

$OPXS I couldn't have said it better myself, so if you want to stick around by all means do! Everything here is back up by links, some posts are speculation, which is part of every stock discussion, as far as reposting old news, all stock boards do it and for that matter so do the analyst's of the big boy stocks on the business news of all major networks!
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Killatree

03/21/14 1:05 PM

#9517 RE: shell3 #9509

I appreciate your post. Thanks for the welcome.

But the "hell no it won't happen" is the reason I felt compelled to come here and shake things up a bit.

You can look at my posts from my recent experience with ELTP. I was sure that was a solid stock. I was a pumper. I even called a short out, saying he was naive to be shorting. Over the next three days, ELTP lost almost 50%. I made $18k, but I left about $32k on the table.

And yes, every stock is different, but any stock can crash.

Lesson learned. You can fall in love with a stock, but don't ever for a second think it will remain faithful to you. There are plenty of zealously faithful longs in the investment world who lost it all at some point. It really doesn't mean a thing.

I also believe that when investors become way too optimistic, that's when it gets dangerous. Too many times now I've seen a stock get pushed up on nothing but word of mouth only to fall hard when there is nothing else there to support it. I want news. I want good earnings reports. That will bring the true strong long investors in.

That's just my opinion, of course, and I really didn't expect it to be accepted on this board.

So am I long? I don't know yet. I want to be, which is why I'd like to see a nice stable climb until we hopefully get a really good earnings report.