GREY:ARWJF - Post by User
Comment by
davproon Apr 30, 2013 9:03pm
37 Views
Post# 21321577
RE: RE: Pale/dave
RE: RE: Pale/dave Yep it won't last much longer at these levels... but it looks like you got the direction wrong.
Do yourself a favour if you love the stock sell it and get the heck out... your lack objectivity will never allow you to make a profit.
Smart investors stay in all cash 99.9 % of the time and when they buy they hold for only as long as it takes to realize a profit. Thats why you see these sell offs when a PP happens... those selling are the pro's and they know how to make money. Follow their example, they are not selling at this level without good reason.
I know for certain that I have made much more than anyone else on this board with ARW and I will make much more yet again because I could care less about the company. I only care about what I can buy it for and what I can sell it for, and that is the reason why I sit here and wait.
This comment :"Gentlemen, get your balls out and buy, it wont be much longer and you'll miss it. The sale is almost over" is one of the most ludicrous I have ever read it tells me that the person who wrote it is controlled by their emotions. I stopped this style of trading more than a decade ago and ever since I have made a profit... and well guess what?... I have even managed to hang onto it!
So as I said before..."Good Luck gentleman... you're going to need it!"