RE:RE:RE:RE:Took more profits today...Thanks Deez. Yes I still have 10k in shares, and disposed of 20k in shares ...taking healthy profits (I originally bought in at low $1 levels)....and redeployed into distressed blue chips that will bounce back.
I know FULL WELL I am leaving profits on the table here...but discipline tells me to take money off the table when lots of others want in and are pushing the price up....."you have to leave some room for the other guy"
But the person who bought my last several thousand at $5.50 has to ride this to $10 to make my money, and ties up lots more cash to get there. I took "his" $5,50 and bought blue chips, and still hold a third of what I started with.
Having said all that, would I have rather waited and started selling a dollar later? Of course...but I try not to mind knowing I made my decision for the right reasons.
Now what is right for me is not be right for everyone. Those that poo poohd it are simply pursuing a different strategy...
deezNutz wrote:
why does everyone on this forum need to be such a hater. Buddy is talking about what his moves are and it triggers people into calling him a short lol. Sounds like hes still long to me with his 10,000 shares. Just because someone posts their trade ideas that might include selling out of a stock you have a position in is not a direct attack on you. Diehard shareholders need to relax and let the company speak for itself. Maybe this guys moves won't workout for him, maybe they will. I for one appreciate people sharing their trade ideas and it's not right to run them all off because their ideas may not align with your own.