quote:Originally posted by cellis152: I didn't post a sell signal. I suggested that all learn the sell signals themselves. Selling messes up the market? Not selling makes for losses, I don;t make the rules i just abide by them, it pays better, do the math, aren't we all here to make bucks. Trading the stock when the market tells you to isn't a bad thing, it's the right thing to do for you and your family. The market place is no place for ego's. I'm not saying its a bad stock I said it was a good stock with potential but learn to trade it, make a profit and take it when it's time. I don't think I can cause a market crash lets get real and I don't think by saying "step back" and take a look is bashing. It's good common sense, I don't paint a black picture and I don't look through rose colored glasses either, I trade stock when the market says to trade them and that means buying and selling. Learn the signal guys you'll improve you financially.
There were NO signals that would override what the perception was yesterday of the event in San Bernadino. THAT is what is driving this, and it could have, under different circumstances, driven it SKY HIGH. The charts don't tell the whole story, cellis. This could have went through the roof, with the same chart, had they been ready to fly it, had a man in a gondola, with it tethered to the ground, and an FAA man signing off for an immediate take-off for Edwards. The charts are only parts of the story.
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cellis, you said "...Not selling makes for losses..." Please explain to me how I can lose if I don't sell. It would be more approriate to say "not selling when the price is low prevents losses" or "ignore the price flucuation in a good investment and only look the underlying business fundamentals".
-------------------- "Whether you think that you can, or that you can't, you are usually right." - Henry Ford
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quote:Originally posted by stockvaper: cellis, you said "...Not selling makes for losses..." Please explain to me how I can lose if I don't sell. It would be more approriate to say "not selling when the price is low prevents losses" or "ignore the price flucuation in a good investment and only look the underlying business fundamentals".
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Bundo don't take this the wrong way but, the wisdom for real estae is location, location, location. So a penny stock is what location in a real estate market? Wrong side of the tracks maybe? If you are going to take a buy and hold at least consider holding a company that pays a dividend and has sound financials. A 20% rise in a $50 stock pays exactly the same amount as a 20% rise of a 25 cent stock. All I'm saying is take a look, learn. If you had 50,000 shares at .28 and sold 50,000 at .35 then you have $3,500.00 additional money buy in with on the next run, that's all, in a nut shell. For those who bought in at before the run you still haven't lost any real money just your profits from the run up. So no one is really hurting financially. I just thought you guys might want to try and keep some of the profits.
You guys really do need to step back and ask yourself the "do i love this stock" question. It went up like a rocket and fell back down like a brick and no one sold before the fall? I'm amazed that you guys still have nothing but buy, buy, buy on your minds vice a take a breath and think about what happened and at what you can do next time to keep some of your profits. Always make your own decisions and ask yourself what is the market is trying to tell me. Learn the signals you'll be so much further along the financial highway.
I know this isn't for everyone to hear but, there will be a few that perhaps will think about learning the signals and proper investment techniques.
Whatever. Good luck guys, I'll be watching for the herds next move.
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Bundo did you sell? If you didn't then you lost your profits from the run up. If you bought additional shares at say .32 and now the price is .28 you have losses. Pick a scenerio you;ll find taking a profit before the stock retraces is always a better deal. Do what you want guy, good luck.
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Thank you cellis, but for me the business findamentals and opportunity for this company are the same today as they were yesterday. I'm not "in love" with the stock, I'm in love with their business plan. If that ever changes substantially to the negative (IMO), believe me, I'd sell the stock. So in the meantime, why should I care what someone else thinks it's worth (i.e. price flucuation in pps)?
-------------------- "Whether you think that you can, or that you can't, you are usually right." - Henry Ford
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quote:Originally posted by cellis152: Bundo don't take this the wrong way but, the wisdom for real estae is location, location, location. So a penny stock is what location in a real estate market? Wrong side of the tracks maybe? If you are going to take a buy and hold at least consider holding a company that pays a dividend and has sound financials. A 20% rise in a $50 stock pays exactly the same amount as a 20% rise of a 25 cent stock. All I'm saying is take a look, learn. If you had 50,000 shares at .28 and sold 50,000 at .35 then you have $3,500.00 additional money buy in with on the next run, that's all, in a nut shell. For those who bought in at before the run you still haven't lost any real money just your profits from the run up. So no one is really hurting financially. I just thought you guys might want to try and keep some of the profits.
You guys really do need to step back and ask yourself the "do i love this stock" question. It went up like a rocket and fell back down like a brick and no one sold before the fall? I'm amazed that you guys still have nothing but buy, buy, buy on your minds vice a take a breath and think about what happened and at what you can do next time to keep some of your profits. Always make your own decisions and ask yourself what is the market is trying to tell me. Learn the signals you'll be so much further along the financial highway.
I know this isn't for everyone to hear but, there will be a few that perhaps will think about learning the signals and proper investment techniques.
Whatever. Good luck guys, I'll be watching for the herds next move.
What you say is true...However I am up over 300% on GTEL and I still hold some and I have sold some. So to me right now was not a time to sell but to buy more. I am waiting for another run up past the current resistances point before I sell.
-------------------- If all goes well then great, if not, make it work.
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That was well put Peaser. We don't want a yahoo stock message board here where the trenches are dug between two polarized sides. Otherwise this thread becomes of no use other than just a place to piss and groan and chit-chat.
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You are doing well George best of luck in the future. Holding on to some and selling some is a good tactic. I've used that myself and it does pay off!
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quote:Originally posted by cellis152: Bundo don't take this the wrong way but, the wisdom for real estae is location, location, location. So a penny stock is what location in a real estate market? Wrong side of the tracks maybe? If you are going to take a buy and hold at least consider holding a company that pays a dividend and has sound financials. A 20% rise in a $50 stock pays exactly the same amount as a 20% rise of a 25 cent stock. All I'm saying is take a look, learn. If you had 50,000 shares at .28 and sold 50,000 at .35 then you have $3,500.00 additional money buy in with on the next run, that's all, in a nut shell. For those who bought in at before the run you still haven't lost any real money just your profits from the run up. So no one is really hurting financially. I just thought you guys might want to try and keep some of the profits.
You guys really do need to step back and ask yourself the "do i love this stock" question. It went up like a rocket and fell back down like a brick and no one sold before the fall? I'm amazed that you guys still have nothing but buy, buy, buy on your minds vice a take a breath and think about what happened and at what you can do next time to keep some of your profits. Always make your own decisions and ask yourself what is the market is trying to tell me. Learn the signals you'll be so much further along the financial highway.
I know this isn't for everyone to hear but, there will be a few that perhaps will think about learning the signals and proper investment techniques.
Whatever. Good luck guys, I'll be watching for the herds next move.
I hope todays lesson is complete. You are way off base to begin with. All investors...new and old are well aware of the axiom of buy low and sell high. You are off topic with your forced teaching. I think your line of thought is better suited for the "General Investing Topics" thread. If anyone wishes to listen further to what you have to say, I am sure they will ask you or come vistit you in that thread.
Today's issues of selling referenced in this thread referred to the panic selling (ie. selling at a low price) because some took yesterdays unveiling as some how disappointing to them personally. There are many excellent fundamentals to this company, they have other solid streams of revenue, and will be profitable by end of 2Q.
The panic sellers this morning are the ones who only had greedy eyes for the "Strat". And with a delayed launch....they sold. GTEL is long term...and I, as I am sure many others have as well, have taken profits on runs and purchased additional shares at lower prices on dips, all the while keeping a signifigant core holding. I hope this clarifies things for you.
-------------------- It is impossible to make anything foolproof because fools are so ingenious.
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That was well put Peaser. We don't want a yahoo stock message board here where the trenches are dug between two polarized sides. Otherwise this thread becomes of no use other than just a place to piss and groan and chit-chat.
Thanks, I just hope we all believe it and will abide by that.
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Glassman if you like I'll do it before hand but I thought you didn't want that? Make up your mind. So unless you prefer me not to I'll post the next buy and sell signal and will do it as a simple "I'm in" on the board and a "I'm out" when I sell. How's that? You do the same and lets hope we both make a few bucks. Feel free to pick up the gauntlet.
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Most people learn from experience, old-time traders have learned from experience. New people in the market can read these threads until they're blue in the face, but until they experience a loss real money loss, it doesn't sink in. Life is a game that the object of the game is to learn the rules. But you only learn the rules by experience. Might be sad but true.
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Let's put all this bs to rest. Those who are in, (like me) good luck. Get on with what's happening now, forget what woulda, shoulda, coulda!
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RSI numbers? That's it? Good Grief. I'm done with this topic, best of luck.
I'm going back to watching the herd. The best place in in the middle, those on the fringes get picked of by the lions. What's for supper cires the MM's!
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quote:Originally posted by cellis152: RSI numbers? That's it? Good Grief. I'm done with this topic, best of luck.
I'm going back to watching the herd. The best place in in the middle, those on the fringes get picked of by the lions. What's for supper cires the MM's!
i'm not sure what your point is cellis...
-------------------- Don't envy the happiness of those who live in a fool's paradise.
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So much bs on this board today. Look, we all know that if we could have predicted a sour showing yesterday then we'd all have sold at .36 and flipped this like we been doing all along. None of us saw the gap down coming (or at least no one posted their prediction that I recall) and so most of us missed a good trade last week.
Yes this is a good long stock. That doesn't mean that anyone selling to get a good trade is selling in a "panic"! Sure, there is some dumb money selling at .24/.25, but that don't mean we can generalize that anyone dissapointed by yesterday's viewing is being unrealistic.
I don't believe for a second that the same people telling that everyone needs to lower there expectations weren't hoping for a great showing yesterday and a break out to .45.
Am I wrong?
So let's cut all the bs and plan for some good trades this summer. There is a lot of money to be made/shares accumulated until this thing launches (or crashes).
That's what I'm here for. How about all of you?
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