Prefab; I can't say what you should do, but I took my lumps today and got out at 1 3/4. "Only" gave away a couple of grand, but I am p.o.'d like it was 10's of thousands! I was so involved with other issues that I was blinded and didn't recognize the scam until the end of the day - at which time I wrote about my doubts (see post #135). Why I, and you, let it run away is something we fall prey to, and that is the ability of the pump and dumpers to string us along with a very smooth, psychological mind game! We're "convinced" that we've got a tiger by the tail and won't let go. We believed in the fundamentals, saw great potential, and therefore wanted to believe that the stock would continue to go higher. THE NEXT SKYMALL, remember? :( We were the suckers. But I'd sure like to see the likes of "Danielle" get caught with his/her pants down. The sleazy SOB's that infest the markets.
And this time we got took.
Who knows - there may be a fine, unsuspecting company underneath all this, with some good growth potential, and maybe that could happen if you choose to hold. But I just got burned by some con artists, and I'm out, at least for now.
good luck to you,
darrol |