TSXV:PEM.P - Post by User
Post by
prospector7on Mar 11, 2013 10:47am
109 Views
Post# 21110115
re dirty rotten
re dirty rotten LAW OF WAITING. The longer you wait, the greater your chances for failure. This applies to both holding a stock which is declining and to a stock which is running. The odds are greater than 90% against you... that you will fail in a speculation, if you wait for it to recover or if you chase a stock which has already begun its run. Generally, a stock moves up in less than two weeks, often in two to five days. The waiting period, for a stock to allegedly recover, is the slow, dragged out retreat you later observe in the share price. As believers stop believing, the share price declines, often never recovering. Of course, if one wants to wait forever, then eventually the stock may recover. The longer one waits, during a runup, the smaller one's potential profits and the greater one's exposure to losses. (One important caveat: Occasionally, there are a few good deals--about 20 or 30 annually--when one SHOULD wait for the company to mature. Almost always, they come out of left field and, rarely, does anyone know in advance which company will become tomorrow's success story.)
Read more at https://www.stockhouse.com/bullboards/messagedetail.aspx?p=0&m=32304494&l=0&r=0&s=PEM&t=LIST#JSO0OCYBdSOWZxet.99 I waited to long and telling my truth