...can only but agree Ferrymanau (and with the same bitter experience as yourself). The stock was FKP which I rode up to $7 and then sold and bought back in the scarry ride back down to under a dollar (every time thinking I have caught the bottom). Thankfully 2009 allowed me to quit FKP after having recovered the losses and a small profit.
I still keep a good eye on FKP as I desperately want back in given the absolute quality of their land banks and other assets....but I'm not catching any falling knives anymore.
FKP Price at posting:
51.6¢ Sentiment: None Disclosure: Not Held