RE:Joey ?Ok where do I start. You're making this difficult because you're insinuating that Joe is backing me up due to some sort of clandestine Alliance. I assure you, I don't know one single person on this website. I signed up on a whim to start commenting on Poydras. Joe obviously knows what he's talking about since he's exactly correct. I'm not sure what "alpha" trading is, but i did sell 100000 shares. Considering there was an additional 16000 shares traded, obviously someone else also sold at 4 cents. So the price would have dropped anyway... I wouldn't refer to my previous post as a "confession". I was just trying to keep people informed and help prevent any panic selling. For the betterment of the shareholders, which includes myself. Clearly no good deed goes unpunished... The reason I mentioned that my trade didn't show up is because every other time I've bought or sold a stock, it has shown up almost immediately on Google finance. This time it did not, so I wasn't sure why... I also get frustrated when my investments drop, but you can't hate on people when they get excited that a price falls. Finding a company that is plummeting for no reason is like finding a golden goose. Patience and the ability to weather the storm are the key. All the more reason to have your risk spread over a large area. That way if $#!+ hits the fan, you don't lose everything. Also, it allows you to have the funds available to capitalize on the reduced prices... Obviously being a part of a ten bagger is amazing, but the most successful way to earn money trading is by cashing out on small gains . When the price is this low, that's when those half cent increments become significant. The people who sold at 6 cents are now able to rebuy a far larger amount of shares for the same cost... You say I "jumped" into another stock as if it was a spur of the moment decision. This was something I've been following intently and waiting for the right moment to buy. The capital for the purchase just happened to come from selling PYD. Had I known how well it was going to do I would have sold much more. I still happily own a large amount of PYD... Finally I will defend my comment about selling at a loss and making your money back. No, I did not mean sell PYD and just magically you can make your money back threefold, because that would be impossible. What I meant was, take the money from the sale of PYD and invest into the plethora of other options available. There have been great buying opportunities over the past few months, and there is a very good chance you could have made your money back, and then some. I wasn't taking a jab at you personally. All I was trying to say was, it's important not to pass up other opportunities just because it means taking a loss initially. In response to Blomskompskies, I very much agree that coal is going away. If technologies weren't so highly suppressed, we would already be done with all fossil fuels. But until that happens, I will still invest in these companies. I'm an equal opportunity trader. I will buy into anything I think I can make a decent profit on... I agree that there is probably very little if any downside to PYD at 4 cents, and that I will most likely have to buy back in at a higher price. But even if I have to buy back at 5 cents I will still have profited from todays trade... I apologize for the giant paragraph, but I do this on my phone and for some reason it doesn't allow paragraph spacing. Ps. Wango, I appreciate your positivity towards PYD, don't lose it. Biggerr is already the resident pessimist... Also, don't get jaded towards stocks altogether. They allow the common man the ability to purchase a piece of a company, that would otherwise be unavailable. It's up to the individual to find the high quality stocks.