RE:Emotional driven postsI agree that the sentiment is largely emotion driven, but when LEG was 10 it still wasn't fully valued. The real issue is that very few analysts or 'experts' were relaying the real issue, that the energy market was seriously over-extended and propped up on illegitimate demand. They squeezed the trade for as long as they could and it wasn't until after reality had already decended to the individual investor did they release their opinion, which only drove everything down fast and deep. They game the market on the way up and on the way down. Stop losses are your friend. Who cares if you get stopped out after a 10-20% gain? That's a blessing when many of us are now holding 20, 30 or 40% losses.
Pre-establish your annual % gain and stick to it, you'll be far better off in the long run. Also, diversify into drips, you may not make 15% year on year, but you will likely outperform the market over the long haul. Btw, FTS made a 52wk high, it's up 20% in the past year. I wish I had put more $$ there.