greed

By far this has been my most painful lesson about setting stop losses and sell limits. When it got up to around 20 cents, I was thinking about taking the profit and running. Stupidly, I held onto this and then watched the painful drop to the current levels. Without a stop loss in place, you sit and watch your money flow down the drain, as the irrational thought that it will "bounce back" is always present. This has been a tough lesson about setting tough stops and sticking with them. My initial investment in BEC is now worthless - well done BEC management! Unfortunately, I can also blame myself for having faith in a management team that clearly has screwed up and is totally unaccountable. My sentiment may be sell, but it is really pointless now. Once you get in this deep, its a case of going along for the ride, all the way down to the deep, dark bottom. Looks like I really haven't learnt anything after all.....