So, how's everyone's arses doing these days? Mine's still sore from the 1.50-2.00 levels back in '96....Anyone still around since then?
If you ask me, and I know you did, this business sucks. Take V.KRT for example...languished down to .13, ran up to .45+. and stalled out. Not bad, eh? Except that everyone was holding on since they bought it at 3 bucks. Only way to play it, imo, sell that crap as soon as it moves. Forget your 10X dreams. Sure, it could happen, but everyone that bought at .13 is out, with a nice and tidy profit, and the .45 folks are crying like I was when I bought KRT @ 2.00. Yep. I was all caught up in the hype of The Last Days of the VSE. (Yeah, I think BRE-X was the torpedo that blew this thing up. It was the source of the hype behind every stock I looked at. How many times did you see "The next Bre-X!"....No more, daddy.)
Anyway, I've got a couple thou wrapped up still in STS, waiting for that .20-.50 jump if it ever happens. Which I don't really expect. I pretty much consider it an expensive lesson. |
