I am a TALK long that has held since first purchas
Post# of 8802
OTCs are so difficult for me to trade. It's completely psychological. I get sucked in on exciting news and then I never want to sell because I always feel like selling a few million shares of something now might become a huge regret later. Will TALK go to .01 tomorrow? Probably not. But is it possible that could happen in a few years? Yes. Then my 2.2M sh are worth 20K which makes up for 20 other bad trades that I might have bought and held in the OTC that went down the crapper. So there's still no point in selling it now for a few thousand in profit.
I would be interested to hear the honest strategies of other non-flippers like me. For example, when you get it right, is there an optimal point at which you recoup your initial investment and take a free ride on the rest of the shares?