'Im a long term holder".Those words when applied to spec stocks...

'Im a long term holder".Those words when applied to spec stocks virtually guarantee that you wont be around too long in this game UNLESS you are EXTREMELY lucky.To suggest that it is a sound policy/trading plan to lock yourself into a position on ANY stock (let alone one that has b*&^%r all cash,is "Targetting' 20,000,000 LBS of whatever,no track history of bringing these types of projects to fruition,etc,etc)is courting disaster.Profits MUST be taken along the if the stock is rising and you need to be totally ruthless in selling if and when it falls below support and or fundamentals change.Have to run
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