PSGR....Wednesday wonderings....the start of the day brings with it some 'What if?' thoughts. For those of you who have been following PSGR but have not purchased any stock, the most obvious 'What if' question is "What if I had bought PSGR when it was just $X?". Others may ask yourselves "What if I buy now, will it do anything?" For those who bought PSGR when it was less than $0.01/share the question may be "What if I sell now and take a very nice profit, will it continue to go up?". The problem with thinking about 'What if' is that change will occur....sometimes good change, sometimes bad change. The only control one has in the world of investing is the amount one is willing to RISK. Words commonly associated with Penny Stock investment are: quick flip, cheap, hopeful, not a whole lotta money, etc....all geared towards making a few bucks on something that may have potential or is a perceived value. I believe the word that should be used is: dynamic. Why? Because the investment can go up or down in a hurry. Once the investor understands that the money truly buys an unknown final result, the investor can then dispense with the 'What if' question and simply await the results of the investment. Patience AND only investing what you can afford to LOSE. Much like walking into a casino, do not bet your life savings or even a portion of your money IF the loss will damage your lifestyle, financial status, or your family. Do not dream about hitting the Jackpot, it rarely if ever happens. OK, so what if I have a little something to eat and think about what I can really afford to do?
(0)
(0)
Pershing Resources Company Inc. (PSGR) Stock Research Links