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Microcap & Penny Stocks : TGL WHAAAAAAAT! Alerts, thoughts, discussion.
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To: Katie Kommando who wrote (40388)3/30/2000 8:02:00 PM
From: lakers17  Read Replies (1) of 150070
 
Thanks Katie and no one should be blamed...

If this market keeps tanking people will tend to point fingers. It is up to each person to do his own DD. If you buy a stock it is your responsibility not because someone recommended it. I didn't listen to my own advice and blindly jumped into VSSI at .22 because of this thread. It's now under .10. I blame no one but myself. I got caught up in the hype and had cash that day. :)

When the market is hot everyone is patting themselves on the back and thanking everyone. Investing, especially in the pennies, should be diversified, money you can afford to lose and always take some profits on a big gain. And as I jokingly said before, don't give up your day job. :)

I enjoy reading several posters on SI including your posts Katie because they are informative and even seasoned investors can learn new things or be reminded of concepts they already use and know. Having an investment plan, framework and understanding is important not just blindly buying a stock because someone recommended it especially in a weaker market. Too many penny investors are caught up in the greed factor especially when the pennies are very hot like they were in January and February.

Lakers
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