Market Irony To do well investing you have to detach any emotion to your money. “The love of money is the root of all evil” 1 Timothy 6:10.
Written many years ago this statement could not be more true. Look at the emotions flowing on this board when the SP takes a much needed, healthy, and expected dip and consolidation. Look at Cisco chart and you’ll see the same price action years ago. Even look at Pyro monthly over May-July and then zoom out and look at the pattern. It’s the step step only over a longer period.... where does the next step take us you wonder?
If you’re posting on here and telling people to shut up you’re emotional. If you’re angry at the SP you’re emotional. If you’re trying to manipulate others you’re not emotional, you’re likely a sociopath who has zero empathy and strangely enough probably does well in the market. If you liked the company at $6... you should be on cloud nine it’s at $3.44. If you’re not.... you’re doing it wrong. Don’t listen to the negative nancies they have an agenda.
Buy in blocks, average up or down. In 6 months it won’t matter. Can you wait 6 months? I waited three years and haven’t sold a share. Neither has the guy who owns 52% of the company.
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