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Microcap & Penny Stocks : TGL WHAAAAAAAT! Alerts, thoughts, discussion.
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To: scouser who wrote (35915)3/12/2000 2:25:00 PM
From: myturn  Read Replies (4) of 150070
 
YOU BOYS & GIRLS NEED TO LEARN TO GO LONG.......................

I do understand you like to lock in your initial investment, but taking everything off the table in todays market is a big NO,NO.

Just imagine if I locked my initial investment in every stock I brought to the thread. You guys would be eating my profits and the stocks would not be going up. LOL. That's called a pump and dump isn't it? LOL

PENY, a fine example where both you and I started talking about it on this thread. I was in around .04. I saw it go to .06, .07 and immediately tank back below .04 on the bid. OUCH! I bought more.

If you can afford to be patient and not worry about day to day fluctuations in the market; I have discovered you will make a whole lot more money. Trust me, I know.

If I told you all how much money I have made by leaving my positions alone and not worrying about the dips or even locking in my original investment; you wouldn't believe me.

I have held stern on this rule this year. That is a rule I hate to break. I have bought one stock that I know is going to the pinks, but after doing my DD; I am going to hold it.

Everyone has their own style and tolerance level.
Todays market says we are going up.

Cheers

RG
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