We can do an informal poll of shares held right here
Unfortunately, I am no longer a shareholder. I wanted to hold HTSF for the long term after buying over 10K shares at an average of about $.40. I bought my first shares almost two years ago and I doubled my position at $.25 just weeks ago. I really did believe the company had a lot going for it.
I was essentially forced into selling due to a margin call after one of my holdings [surprisingly] filed for bankruptcy. Since I was already up almost 100% on HTSF, and the stock seemed to have temporarily peaked, I started selling at $.76 and sold all the way up to $1.00. Looks like I lost out on both sides.
Then the real good news started rolling in. In hindsight, I made a bad decision that I now regret. I should have sold one of my poor performing holdings, but I hate to sell anything at a loss. Also, I ended up selling more than I needed to to cover the margin call, figuring my last sale at $1.00 was a good decision at 4X my money.
If anyone wants to make some REAL money, just ask me when I sell a stock...it's sure to go "to the moon" after I sell. 8^)
I find that knowing when to sell a stock is the most difficult part of investing. I have ridden stocks up, held, and ridden them back down, wishing I'd sold. OTOH, many stocks I have sold at their apparent "highs" have continued to climb, leaving me disappointed.
Good luck to everyone else still holding. I may join you again some time in the future.
Way to go Ben!
Laszlo |
