GREY:SXRZF - Post by User
Post by
thiggins4193on Feb 20, 2009 9:56pm
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Post# 15794546
Hey Kiloman
Hey Kiloman" It's not rocket science. There are still sellers because there is still money to be made."
Thanks for the brilliant response there.
This stock is one of my larger holdings yes, and Im down a bit from my avg cost, but Im anything but timid. Im holding because I believe a rebound is imminent in the short term. I trade when I have time, but I also have a full time job which gets in the way.
"the idiots that are selling are increasing their holdings and lowering their average cost."
Another glimpse into the mind of the bull known as kiloman(that is a raging bull isnt it?)
When I was in business school I was taught that when you bought lower than you had originally purchased for, those shares combined with the higher ...lowered your average cost, but hey what do I know.
Doesnt selling decrease your holdings?
Despite your apparent inability to clearly explain yourself I believe you were trying to say that your tactic is to sell your stocks and then rebuy lower, problem with that is it works sometimes and others it doesnt, would be much more efficient if used in combination with a crystal ball.
JMHO