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Microcap & Penny Stocks : ADGI - American Diversified Group -- Ignore unavailable to you. Want to Upgrade?


To: Alan Cassaro who wrote (5786)3/18/1998 5:10:00 PM
From: grw5  Read Replies (2) | Respond to of 9569
 
Alan,

I'm was somewhat luckier, getting in lower and selling enough to make a good profit and retain a significant number of shares. However, I believe that there were several warnings posted that ADGI might not maintain the sudden rise or hold its price. Penny stocks are a risk and I am not always so lucky, but unless the company goes completely belly-up (been there) there is no loss until a person sells. I think this company has potential to continue to grow. I have chosen to stay long and not sell all my shares because I think that the price will eventually go higher. Those that got in at the top of this peak can average down, sit it out, or sell at a loss. It was their choice, is their choice, and will be their choice. I don't give sympathy for free will choices and I don't expect any. I will try to give good advice and encouragement, but people must make their own decisions and try to learn from the results. No one ever said that the market (or life) was fair.

I think you were wise to be conservative. Singles and doubles are far more common and easier than home runs and I would encourage others to learn from your example.

Best of luck,
George