As you suggest, in this perilous sector, the key t
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Posted On: 05/28/2014 1:39:13 PM
Re: AmericanSavage #99
As you suggest, in this perilous sector, the key to survivability is to avail dry powder to opportunities, but in a way that controls risk. Holding hot coals too long in hand achieves expected results. Adjusting to the realities of the market and the intensifying regulatory hunt for questionable firms, I've taken a core position in GWPH (Nasdaq) and will add on dips, and use mad money for very short-term technical situations in OTC MMJ sector.
As said, there's nothing quite as jarring and depressing as waking up to a suspended stock in a portfolio heavy with that investment. So it's best to control that risk. However, the continued weeding out of fraudulent firms and fly-by-nights by SEC and FINRA is a good thing overall for the markets, as the rotten apples will spoil the whole barrel.
As said, there's nothing quite as jarring and depressing as waking up to a suspended stock in a portfolio heavy with that investment. So it's best to control that risk. However, the continued weeding out of fraudulent firms and fly-by-nights by SEC and FINRA is a good thing overall for the markets, as the rotten apples will spoil the whole barrel.
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