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Post by sarah7d on Sept 9, 2013 9:32:28 GMT -5
Has anyone learned anything from this experiance that we can apply to the next investment opportunity? Any do's and dont's?
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Post by johndeere on Sept 9, 2013 10:52:09 GMT -5
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Post by cswift71 on Sept 9, 2013 11:23:22 GMT -5
Biggest thing I learned was to play the spikes better. I sat on this too long. Could have been playing with house money pretty easy here. Sadly I was in the 'don't want to miss it' mode and sat on it too long. Figure next time I have a play like this...play the spikes and if I miss that big one..so be it. Biggest lesson learned anyway. Oh...that and the market is corrupt and manipulated...but pretty much knew that already. This was just another reminder.
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Post by angelsrwatchn on Sept 9, 2013 11:31:18 GMT -5
Like crossing the street at xwalk....with the signal in u favor.....AND ..u could be 100% in the right, the problem is u r DEAD right! Too bad u r in u grave even though u were right. I put too much trust in truth n justice n what is honest.
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Post by We Got Hosed!!! on Sept 9, 2013 11:38:21 GMT -5
JD, can you do me a favor? Please change your avatar ASAP. I'm get SICK just looking at AP.. thanks!
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jr
Junior Member
Posts: 134
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Post by jr on Sept 9, 2013 15:58:42 GMT -5
Has anyone learned anything from this experiance that we can apply to the next investment opportunity? Any do's and dont's? Easy. Stay away from penny stocks. There is a reason why they are trading at a penny.... and it's usually because of a horrible management team.
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keith
New Member
Posts: 36
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Post by keith on Sept 9, 2013 18:05:40 GMT -5
1) A investment opportunity usually does not involve a company in BK with it's stock being delisted from the major exchanges. It's a gamble.
2) About 90% of stocks in CH 11 get canceled upon completion of the BK process and holders of the common are always last in line to get any kind of payback.
3) When you talk yourself into the mindset that you know more than the analysts, Wall Street Journal or CNBC and only you can see the hidden value, rethink your position immediately because the reality is that you are the one missing something.
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Post by goldentouch on Sept 9, 2013 18:20:57 GMT -5
Has anyone learned anything from this experiance that we can apply to the next investment opportunity? Any do's and dont's? Easy. Stay away from penny stocks. There is a reason why they are trading at a penny.... and it's usually because of a horrible management team. And if you dont know, now you know.... plus do your own research, and dont rely on others to analyze info for you...
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Post by Marriott on Sept 9, 2013 19:39:48 GMT -5
sarah:
Good question !
I learned many things from my involvement with KODAK.
The most prominent was do not overestimate the value of patents when the posture of the company is weak and management is feeble.
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