RE:Investment Psychologyradman17 wrote: Everyone knows the old investment rule of "buy low, sell high", but more often than not, investors do the opposite. The reason investors fail to follow this common sense rule is due to fear and greed. When stocks are climbing, investors tend to get greedy and keep buying even as share prices climb past their true values. The same is true when stocks are declining. Investor fear kicks in and they sell into the declines - taking the share price well below its true value.
Most everyone on the board is in consensus that Kelso's annual revenue will be $200 million or more in a few years, which would give the company a fundamental value of $20 - $25 per share. A great return when the shares are currently trading under $3.50! So try to push aside your fear and remember the simple rule of buy low, sell high. Not the other way around.
KK , I am critical of Radman for posts like this. He has a right to post them and I have a right to be critical. Regarding your other questions I am a shareholder . Have been off and on for years. I have never suggested I know it all. Thats your job.