go go go molopo, page-3

I've come in from the cold TM - you were wondering where I was! SO I'm watching you!! LOL

Yesterday was a ghastly day for those holding MPO - which I was. But I held on like grim death in the belief that this was a passing storm, albeit it violent and unpredictable (and perhaps it's not yet passed) - but I agree with those who have said that this is a $1.00 stock.

I believe, in fact, it is of more value potential than a mere $1 stock. But, in view of the past week or so, who can now predict precisely when that day will come - when this share reached new and dizzy heights all believers will be celebrating.

Holding ,in the view of many, was stupid and dangerous.
Yet to sell at such give-away levels yesterday, to me, was like throwing your hard-earned money in the gutter - for someone else to find, and benefit from.

It is extremely hard to hold one's nerve in such circumstances. And each trader's circumstances are different of course.

For once TM's predicted levels proved right. But a correctional price drop is one thing. Ramping down the whole overall potential of a good stock constantly come what may is quite another thing. And people in the midst of panic are easily spooked. I am not immune to panic. But I have made most of my worst mistakes WHEN I panicked. (And not only in stock trading!)

So now I see TM saying go go go. I think we just have to learn to live with you TM! (If you didn't really love the stock, AND believe in it, you'd have been gone ages ago.) No one wastes valuable time on a lost cause
for as long as you have.

Watching and waiting is a better alternative to panic in such volatility, if you have good reason to believe in the quality of the underlying fudnamentals of a good stock. If money is no object, and you can afford to take risks and perhaps lose some, then go for trading the waves.

MPO is a good stock. It will be a great stock, given time. It will pay off. We just have to see it out. And live long enough!! It may be 3 -6 - 12 months - or longer. I believe, and so I hold.