Advanced Explorations Inc. ADEXF

RE: RE: Study your trades

[VENMan]

The thing for me is that when I jump out of a stock I never buy back in. Now remember I only ever bought shares of AXI under 40 cents. So when AXI went for its run to 94 cents and pulled back to 73 cents that was for me the time to sell on technicals and I knew that but I also knew that I would never buy back in. I would move on and into a new play. Even if I bought CHM or ADV I would have lost money in those trades because nothing went up. The overall venture exchange has dropped alot.  So all I would have done was jumped in and sold out of several venture companies ending up with the same loss position that I am in now because overall the venture tanked. For me buying shares below what I think is good value and selling above what i thing is fair value when a company hits a certain milestone as always made me money in junior stocks. Plus avoiding or never putting any real money into  penny stocks that are pure hype with no FS, partners, ore body etc has helped me alot. Which is why I could never understand diversification when investing in penny stocks. Anyone who has put money into 20 different penny stocks is sitting on 18 that will for sure tank (and thats in good markets) and then there is no way the remaining other two can ever gain so much to make up for the lose in the other 18. To me its a set up for failure. Just my few cents