Long on MINE to me means I hold shares that I will hold long term, and that is still the case, it also means to me that I am not shorting the stock.
The most I have tried to sell at any one time is 5000 (I have considerably more than that), and most of those sell orders have been high enough that I pretty well knew I would not get filled. What is wrong with selling a few to put into another opportunity? I didn't try to sell any either when I saw $1.75, but that was not because I am smart, it is because I am greedy, and fully expected to see over $2 the next day, at which point I would have taken my original investment back plus. I am kicking myself about that now - I was not smart, and neither were you for not selling, at least in hindsight. We could both have sold, bought back in and be sitting with free shares and a load of dough in our pockets. We blew one of the basic rules - get your investment back! Heck I could have a new boat, or the '94 black Viper I saw today for $57,000 Cdn, and all my shares.
I will also buy more at the right price.
I will remain long, really long, on a minimum of 5000 more until either mega bucks($100+), takeover, or death (of either me or MINE) do us part, and that is not smart, it is just being obstinate and greedy, but they are my shares and my money, so who knows, my circumstances may change and I may change my mind. Good enough for you?
So what is your definition of "long"? Hold it all forever, leave it to your estate?
Remember this is fun and games, ain't no fun if all you do is buy is it?
Good luck,
Jim
ps: you picked the wrong two people if you were looking for short answers.
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