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Microcap & Penny Stocks : THNS - Technest Holdings (Prev. FNTN) -- Ignore unavailable to you. Want to Upgrade?


To: chirodoc who wrote (55)7/5/1998 9:49:00 PM
From: Jim Porter  Read Replies (1) | Respond to of 15313
 
If you can't get out before it goes to zero, you had no business being in it to begin with!!! Plus, the probability of going to zero is almost zero. There is always a salvage value for any purchase.

Let's say you purchased 1,000 at .70 and the bottom did fall out causing you to place a sell order at market. Let's say this order was filled at .20. What have you lost? $500 If you need that $500 for personal bills, you had no business investing it in the first place.

What my Uncle did tell me, and lived by, was this: If you can't pay cash for something, you can't afford it.

Therefore, if you don't have the cash to invest, SAVE IT for what you really do need.

........-jp