Yes but I also understand nay sayers,, as when I said we hold ,, it was meant in all sincerety and we shall hold in order to dry up the float as planned,, selling by me it seems have upset some people who bought higher than many of us here at below 3/8 th , and I can understand their feelings,, did any of us expect it open so high ? Close at 3/8 open at 1 1/8 and go on to open at 1 5/8 in two bloody sessions ?
Why did it go and open at 1 1/8th ?
Because of the demand by greedy people who wanted to beat the next guy ,,by placing open market orders,,probably that same night at 11 PM before going to bed.. On second day perhaps it was MMs gapping,, as they shorted ,, who knows.. a stock with great demand opens gapped but not by 300% plus and one should not buy such a stock ,,even with a break through news like ENMD of recent .. just stay away ,,
I have explained many times ,, if you are new at this,, paper trade and see how different stocks behave,, for those who have bought under 3/8th and .22 it was a great triumph,, and for those who paid higher.. was a nightmare,, and we can all understand that..
Remember ,we individually make our own ultimate trades... and if I failed in conveying that message and feel you have been betrayed because the night before I said we hold .. and having sold 1/3rd on third day ,, I can understand your feelings too..
Also if you were looking here for a leadership and if I have allowed my self in to the leadership position through a silent vote,, it's a time I resign from such a role ..
I can offer DD ,, feelings and experiences ,, and from now don't take this writer so literally ,, and I will try to convey my messages more clearly .
If you have any angst or comments,, please write me ,, I really enjoy working with people when ever I can ..
Joe
PS ,, next time when we do buy and hold ,, and the bloody thing jumps like this again ,, sell a little to cover your initial investment ,, and again those who see it jump like that ,, don't bother jumping in ,, let the stock work for you,, and not be the slave to the ticker.. there is always another train .. |
