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Microcap & Penny Stocks : Fonar - Where is it going?
FONR 14.39+0.8%3:59 PM EST

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To: BlueCheap who wrote (15129)8/27/1999 5:54:00 PM
From: Robert C. Petersen  Read Replies (3) of 19354
 
Malcolm,
Well stated. Although I am a buy and holder which suits my trading philosophy, I hold no grief for people who day trade, month trade or trade portions of their holding.
There is room in the market for Bulls and Bears, although I doubt the sanity of a shareholder who is long and trashes the company. Then there are what I call the Vultures who circle around with no position, waiting to spot a dead body. They make no committment and live off the labors of others,. sort of like people who go to NASCAR races...not for the sport or the thrill of watching skilled drivers.....but to see car wrecks, fires and dead bodies.
If you find yourself in a stock that is not acting according to your timetable or expectations...sell the sucker and move on. There are over ten thousand stocks to pick from. To revisit the scene of a stock you lost money is negative and bad trading strategy...when you make a mistake, dump it and don't spend time trying to find out why you were wrong or trying to convince others who are still invested that THEY are Wrong....good luck to all........nysebob
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