JJ,
You must have a misunderstanding. I will NEVER be back in this stock. But the losers usually sit at 1/8 for a long time before they go bankrupt. I have been in a few, and except for HERC have actually made good money on them but they were all for short period bounces. I just keep them in my watch list to prove to myself that most small, small caps (%80) do actually fold. BICO, CHTL (big bomb, but made lots of $$$ on it before it tanked) LASX, etc... I know they are dogs and all will be bankrupt. In 6-12 months you can add HERC to this list. If you are looking for a very good one on the way up try ANTX (biotech at $1 with cash, strategic partners such as the US NAVY, SmithKline, Rhone Polenc, and Clinical II going to III drugs). But do your own DD. Remember, when you play small or micro caps only 1 in 5 will most likely make it...I'm finding that out. Your big one has to hit BIG to make up the difference. So far I'm doing a little better than market averages. ANTX is my big winner of the future I hope, HERC was my big loser last year and I'm only recommending that it will soon join the likes of the crap I listed above.
Good Luck, RIP |
