Very few stocks on any exchange are a "Buy and Ho
Post# of 105
Very few stocks on any exchange are a "Buy and Hold". They are a "Buy and do Homework" Always do some trading around a core position, and at some point you are working with FREE shares. It's a lot easier to stomach the market forces and fluctuations when you're playing with shares that you have ZERO out of pocket on. I remember back when we were waiting for the merger completion announcement that I enthusiastically recommended... "Don't forget to take some profits along the way". The PPS is down now, so if you didn't books some profits then... wouldn't it be a great time to regroup and get some "trading" shares and leave what you have now as a core position.
This $CAGR" company/business plan is SIX months old, let's be real here! This is directed at NO ONE personally... But to many people look at pink sheet stocks as a get rich quick ticket rather than learning the ins and outs of the company they are buying. Pink sheet stocks make millionaires on a regular basis... sometimes overnight and sometimes when the business is RIGHT. Know which game you are placing your bets on!