To all my fellow SI members that are thinking about selling their USRX...remember the original game plan?....buy LOW and sell HIGH? I've been investing in the market for approximately 30 years, and it's To my fellow USRX stockholders...please remember the original idea was to buy LOW and sell HIGH !!! I been investing for about 30 years, and it's kinda funny, because I still go thru the same mental gyrations today that I did 30 years ago.
You look over the 6-7000 stocks available to you as an investment, you do your research, and you come up with what you're sure is a "winner", so you belly up to the bar and make your purchase. At that very instant in time, you couldn't feel more confident the future of the company you're buying into. But, immediately following the purchase, a kind of "mental shift" takes place. If the stock doesn't go directly up, confidence is slowly replaced by doubt, and greed is replaced with fear. And then the inevitable happens, the stock drops below your purchase price. And that little voice in the back of your head starts asking the same old nagging questions...."Was I wrong?"..."Are we going into a recession?"..."Do the 'big boys' know something I don't?" "Has their business outlook changed?"...Chances are...not really.
So...if the MARKET hasn't changed...and the COMPANY'S OUTLOOK hasn't changed...well then, what has? To start, the one thing that has certainly changed is our PERSPECTIVE. We are no longer in the comfortable position of being on the "outside looking in", but now find ourselves in the hotseat on "the inside looking out". And that is "the change" we are all sensing--nothing more--nothing less. to the rest of the world, today is just like the day you first became a stockholder in USRX. A few hundred people will buy USRX today-- totally convinced it is on the way up, and a few hundred will sell it--totally convinced it is on the way down. And those new shareholders will join us in our daily mental gyrations--and some of us will cave in to that "little voice"--and sell. And the cycle just keeps repeating itself.
A tip. If you're a long-term investor, quit worrying about the stock price/movement, and focus on what USRX is accomplishing/achieving as a company. Are they a leader in their industry? YES. Are they meeting earnings objectives? YES. Is there future demand for their product? YES. Are they innovative and capable of adapting to changes in their industry? YES. If you are correct about these things, you will eventually be rewarded with a favorable stock price.
And my advice to the short term investor...become a long term investor.
But above all, quit listening to that little voice inside your head. In the infamous words of the cartoon character POGO..."I have have seen the enemy...and it's us !!!"
"the dodger" |
