There has been ample opportunity over the past 2 years for all longs, of which I consider myself one, to swing trade this issue to covert most, if not all of your holding to"house share" status. To be upside down on a stock that has had the kind of swings we've seen here demonstrates the lack of confidence in ones analysis to aggressively make moves when dictated by the trading action. Buying a stock and simply sitting on it through all opportunities to realize gains is a neophyte play. To buy and simply hope the company will make you money, or from what I read here, make you a millionaire while you do nothing is a strong indication that you should put your money in a savings account. Playing pennies should mean you're willing to trade your way to profits. Yes, yes, I know all about the Oracle of Omaha and his comments on not buying a stock you wouldn't hold for 10 years. Those are blue chips he speaks of. Here in penny land you have to do the work. There is not 1 in a 1000 penny stocks that can be simply bought and held for gains, I know, all of the pumpers here think that because they like the product, it will be successful and they will be able to retire early. You may as well go to the track and put your money on a 99:1 odds horse. The rarity of success here on a do nothing but buy and hold mentality is beyond astronomical. Instead, one should analyze, trust your analysis, make moves with confidence and, only then, hope you're right. The buy, sit and hope play will make you a loser 99 times out of 100 in pennyland.
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