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Microcap & Penny Stocks : DCI Telecommunications - DCTC Today
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To: King Louie who wrote (3222)3/4/1998 9:47:00 AM
From: Juli  Read Replies (5) of 19331
 
Peter Lynch always says write down the reason you bought the stock and as long as that does not change, then look on dips as a buying opportunity. He says, if you are not willing to see your stock drop by 50%, then you shouldn't be investing in stocks. The key is do you still believe in the company. If not, sell and move on. You may still be wrong either way. You may believe and be deceived or you may cease to believe and yet the stock will move. You can't win them all, but I think if you stick to, 1. learn all you can about the company and continue to study the company as long as you have the stock, 2. if you see signs that you were wrong, sell immediately, 3. if you still feel the company is doing what you thought when you bought it, then continue to hold and buy more. Now, if only we could do this and not let emotion get in the way.
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