Moral support for ASND stockholders who are having second thoughts:
To ASND stockholders who are feeling fear, uncertainty, and doubt - remember the original game plan. Buy low, sell high.
After sorting through a myriad of stocks to invest in, you selected ASND as a sure winner. You put up your money and made your purchase. At that very instant, you felt very confident about the future of ASND. However, immediately following the purchase, a paradigm shift took place. If ASND didn't go up immediately, confidence was slowly
replaced by doubt, and greed replaced with fear. Then ASND dropped and the voice in the back of your head started asking, "Was I wrong? Do the big boys know something I don't? Has ASND's business outlook changed?" Chances are, probably not.
If the market hasn't changed and the ASND's outlook hasn't changed, what has? The one thing that has certainly changed is your perspective. You are no longer on the outside looking in - with no money at risk. You find yourself on the inside looking out - with money on the line. That is the change that you are sensing.
To the rest of the world, today is just like the day you first became a stockholder in ASND. A few hundred people will buy ASND, convinced that it is on the way up, and a few hundred people will sell it, convinced it is on its way down. Those new shareholders will join the existing shareholders in their daily fear, uncertainty, and doubt. Some will give in to the voice in the back of their heads and sell, and the cycle keeps repeating itself.
Quit worrying about the short-term changes in the stock price and focus on what the company is accomplishing. Is ASND a major player in the industry? Is there future demand for their product? Is ASND innovative and capable of adapting to changes in their industry? If the answer to these questions is yes, you will eventually be rewarded with a higher stock price.
Above all, stop listening to that voice in the back of your head. To quote Pogo, "We have seen the enemy and it is us". |
