NYSEAM:RVM - Post by User
Comment by
pilk111on Oct 15, 2011 1:20am
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Post# 19152189
RE: Sorry for the rant
RE: Sorry for the rantDon't worry I know your pain.
but at the same time this is not just applied to RVM but to all stocks. That is exactly what I was saying to my wife yesterday. All my stocks are producers with great upside potential and they are throwed down the toilet as if they we're explorers with no earnings.
Very frustrating indeed. But I read an interesting article that said that sometimes no matter what you do you loose money. Other times its the opposite and no matter what you do you make money. It think the macro economics are the main reason for this downturn. All my stocks PTQ, AUN, ARW, SVL and others are down.
I read articles about the cycle of psychology and the panic and euphoria index. Right now we are in panic mode but eventually it will go up again and it might be a very big move. Specially if they go ahead with money printing galore again.
All we have to do is buy good quality companies and be patient. But those downturns can be frustrating for sure.