bob,
The point was that I'd been blindly hanging on, in the hope that some time soon, PDY would come good.
Hasn't and isn't likely to happen any time soon, and even a mug trader such as myself, can make a profit elsewhere.
As I said, should have taken advice to sell out, albeit offered in sarcasm, a long time ago.
Hell of a long way to go to re-coup my 80% LOSS in PDY, but achievable, (here's hoping).
Need a 400% gain on current new stock to break even on PDY losses, and currently just over 58%, but expect it to surpass my target.
...........................................................
"But you do know the rule I hope, it is not a profit or a loss until you sell out.....so be careful."
Fully agree bob, and therefore the following.......
One of the (mottos?) I wrote in my notes when I started trading, was, and still is..........
You're not rich 'till they're sold, and the money is in the bank!
...........................................................
AS for fellow investors, I do care, but on the other hand, why should I, with some of the vitriol posted, directed at myself, especially the most recent, (moderated) ones!
Add to My Watchlist
What is My Watchlist?