GREY:FNKLF - Post by User
Comment by
Triggermanon Apr 16, 2008 1:27am
523 Views
Post# 14974947
RE: Ask the right question....
RE: Ask the right question....
I don't use silly terminology such as "Loading the truck".
I also don't invest. (Buy and hold like 95% of stockhouse members).
I trade. Therefore, if I buy a forty dollar , four dollar or forty cent stock , I
have a predetermined exit point on both the upside and downside , which
when hit "Triggers" me to exit at either a small loss or a 20-40% gain.
Hence the name , Triggerman.
There's many things that make you and I different , but by far the
biggest is the fact that I employ a strategy / plan.
You FNI guys who've been buying and holding and losing your shirts
must be getting the picture by now ... it's really not that complex.
IF I was looking at FNI today, which I obviously am , I would take
my position and pull out if it dipped to my predetermined exit point.
I also wouldn't be holding out for the homerun that most of you look for.
I ain't going to happen.
At some point , the stock will split 20 or 30 for one and a new game will begin....
The old players will lose 90% of their value and learn the lesson I tried
to teach them a year or two before.
Happy buying and holding fellas.