RE:Senior investors-please help Hi "OK". Congrats on your new trip into investing. As a guy who has blown up two trading accounts following bullboards and twitter feeds, I can unequivoclaly say that you should never, ever base your investing decisions based on feedback from a trading forum. There are some good people here who happily share their DD (Nails chief among them). But you and you alone need to manage your risk in any trade. If you are feeling panicky having 250,000 shares at 0.15, then you probably are assuming too much risk. Things appear to be turning up and sure, this thing could run but you need to sleep at night and if you have too much invested at this juncture, then lighten your load and diversify your portfolio. Is this stock 100% of your trading account, 50%, 20%? FWIW, I have already lost plenty on this stock buying it three years ago when it was over 1.00 and took the ride all the way down to 0.01 when it appeared bankruptcy was imminent. I now have 18,000 shares at 0.04 so I sleep very well as I have a comfortable profit and not much risk on the line. I trimmed 8000 shares at 0.09 from 0.04 so I have already booked some profits and reduced my risk. Nothing is a sure thing and never let anyone on this board influence what you do with YOUR MONEY. Best of luck to you.
okletsmakemoney wrote: To our senior investors: I’m very new to investing and really wondering what’s the worst thing that could happen to all of us if the “news” isn’t good and the financial report sucks? Do you think we can get back to 5 cents? I’m holding avg share of 15 cents now with 250000 shares. Wondering what is the worst could happen and should I invest more while it’s still below 20 cents. Thx!