RE: I am so tired of CMK
sCat
I didn't post because the price went back up some. I just hadn't read the board much yesterday.
Current SP fluctuations have no affect on my thinking about an investment. I research a company and decide if it is more likely to be much higher in the near term, mid term, and/or long term. If nothing changes negatively in the companies progress I don't freak with the SP. I view CMK as fairly safe. They have the coal...they have good partners...coal will remain hot for some time into the future...financing is no issue IMHO...they are going to make money....lots of it. Why freak at traders playing the market? If you can play thier game with them....fine. But doing what you did was exactly what they wanted...your shares....cheap!!!
You are playing a SP freak-out game and it seems to have more affect on your decisions than your overall premise for investing in CMK. There are no guarantees....never were. But if you keep letting SP fluctuations take over your investment decisions you will continually get left behind. Somewhere you have to make a stand....do you believe that Cline has the prospects to move to much higher levels...or not? If you believe....with conviction...then don't let anyone take your shares. Especially at $1.80. If you don't believe...then you will always be running from shadows. The trader/flipper crowd depends on those who don't believe. Those who get scared and make mistakes.
Sorry sCat, but that's they way I see it. When I know CMK is going to be much, much higher...I don't really care about days, weeks, months...or daily SP swings. I guess we all have to decide what we believe....and where we take our stands. It's because people freak and sell that the price is able to move backwards. I am not the problem...I sold zero.
Badog