RE:RE:continuing to hit milestones and de-riskPetroKnows wrote: As someone who is a finance grad and currently doing my MBA, I just started investing on the venture a couple months ago. I am surprised to learn so much from experience in such a short period. Previously I was in a similar situation where I sold when a massive drop like today's took place. I sold for a loss and weeks later the price was well above my initial position.
Learnjng from my mistakes. I held my position today. It was hard to stomach. And then at the end of the day j saw this great news release. I am so happy to have held and am starting to learn that investor behaviour and emotion is a much bigger factor than I originally imagined in this exchange. I am hoping my decision to not sell today was the correct one and only time will tell. But I do wish everyone on this board the best of luck. I would rather make friends than enemies. Let's all win this one together.
Thanks,
J
Thanks for your post PetroKnows, you now see the reason to make your own DD. At that moment, you're able to survive those huge drop... When you look at those company about to start up, more than 80% of the time you can trace a leak before a NR. Most of those small company has management team that have some entries with many other players that can served them well to go into business. So, before releasing a good NR, they sometime send back the elevator... Look back at the first significant good NR on Feb 20 and you'll see what I mean. The previous day, out of nowhere, they were more than 2 millions shares traded.... So, for the small investors like most of us, we absolutely have to surf with the wave... Today was a big flushing day to get rid of smalls like us. I can assure you this ain't the last. If your DD's are done, then you shouldn't need a Pacemaker....