To: dusty who wrote (136 ) 2/9/1999 9:51:00 AM From: John M. Respond to of 2136
Don't you hate buying a stock that seems viable, seems to have some value and the next thing you know...you just lost half of your investment. It's called the stock market and it can be treacherous to those who do not play it with more caution. Unfortunately, the lessons learned along the way are in the form of losing your money. We don't learn too fast do we? Our emotions drive us, common sense is difficult to maintain in a trading situation. Patience has its place and in BB stocks you have to have it. Many impatient investors here are getting burned at the stake and they are screaming! Ignorance is not bliss in these situations! When you put your money on the table, be ready to lose it. Sounds like everyone who complained here about the drop had a guarantee of price appreciation for ALFN. Wake up, there are no guarantees. Those who got in at low levels are looking to get out. Who knows how much of that is left. The MM's, day traders, you and me, and others, we are all part of this stock game. Some win, some lose. We can't all be winning at the same time, someone has to lose. So play it smart, don't be in a rush. If you don't understand this trading game, don't play it. What happened to ALFN is no different than what occurs to 99% of stocks that make quick moves, they come down! Watch for the dips. If you really believe this or any other company is a go, then wait patiently for your price. If you miss it, there will be others. The trend is down but that doesn't mean that it will continue to do so. Believe me none of us can predict the future, we just make our best educated guess. Good luck to all in ALFN. Good day, John M.