Wayland Group Corp MRRCF

RE:RE:Keep this board in perspective folks!

[Irie99]

The problem with this board and all stock discussion sites are that people have purchased shares at different times, so you always have a mix of excited new shareholders and frustrated bagholders. To preserve capital it’s so important to understand time value of money, which is why I always use a stop loss on a company that doesn’t pay a dividend.  We have all purchased stock in a company we have confidence in but our timing has been off. Instead of holding said company through extended downside I’ll sell and either buy something else or watch and buy back in at a lower price.  I usually set a 20-25% stop loss.  If it drops that much my timing was wrong or there’s something wrong with the company. 

Cheers
irie