My friend cm,
that helped ALOT!!
Last year, I bought 3000 SEEK shares at 13 and declared to my wife that it was a five year plus buy and hold, then I lost my grass on NSCP, so when SEEK went down to 8 after I bought at 13, I bought 10000 more shares.
As you well know, I lost ALL 13000 shares at 18. I should have stuck to my guns on the original plan and not sold that original 3000 shares of SEEK.
Good news is, that I encouraged the wife to buy SEEK, and she did last year at 9.
Her 1k is now worth 7k!!
She is a very happy novice.
Fact is, I am good, but not great.
By selling SEEK too early, I passed up 200 - 300k profit over the past five weeks!! ARRRGGGGGHH!!!
Anyway, I will hold SEEK.
I also bought the LYCOS OCTOBER 60 CALLS for about 19. What do you think?
I am currently scoping on PPOD. Check it out, let me know your valuable well prosed thoughts, please.
grasshopper |