Dont know about ego, but i am a positive person and usually look at things as glass half full, this is probably why im holding. But i never invest money i don't mind losing. I am new to the stock market and this only my second company that i have invested in. I have made a small fortune from nearmaps when it went bananas. So a loss on this will not effect me a great deal, which i believe wont happen. I believe i will make a good amount within 6-12 months.
I also think you can only do so much research to a company. These days what happens behind closed doors is only known to the people in that room. talking to the people on HC about how much ziggys hair cut costs doesn't seem like a world of knowledge that is required to make investment decisions. I still use HC for any updates etc on a on monthly basis.
At the end of the day this is an educated gamble and the risk is always there no matter what. You may have big companies that seem great, fall a whole lot worse. The bigger the risk the bigger the reward.
I do some small research and really think to myself if this company has what it takes and invest.
Again this is all my personal opinion and people that do this as a job or feel very emotionally bound to the stock market may have very different opinions about this.
Add to My Watchlist
What is My Watchlist?