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I get what you're saying, but...
Posted by: johnnyb588 on Aug 10, 13:48 in response to ndmaster's post Do you think it is undervalued or overvalued? Pick and...
that's exactly the type of strategy that results in you getting "whipsawed" by the stock. The only way to avoid it is to not have any holdings (and accept the associated opportunity cost).
Tired of Getting whipsawed on SAUSG... {nm} jrodm13 Aug 10, 11:29
+1, I've played it all wrong the past couple of days {nm} johnnyb588 Aug 10, 13:09
Do you think it is undervalued or overvalued? Pick and take a position accordingly. {nm} ndmaster Aug 10, 13:35
I get what you're saying, but... johnnyb588 Aug 10, 13:48
uh dude... if the building you are in starts falling down around you.... you get out. RazorHawk Aug 10, 15:23
uh, dude... that's exactly what I'm saying {nm} johnnyb588 Aug 10, 18:12
I think you and I are talking about different timelines. ndmaster Aug 10, 20:34
Wrong. I thought it was a decent investment until recently. ndmaster Aug 10, 18:23
It's only temporary losses if you ride out the waves and have faith it will end up in the right direction. If you buy and sell and miss the JDolphin Aug 10, 18:29
Unless you have a really good feel for the stock, you're missing my point. ndmaster Aug 10, 20:38
Got in as it started to mushroom , cashed out at $86 , stuck the profits into shorting Petes Dragon. Shirtavius Aug 14, 10:47
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