Its not about day trading, I think thats for losers. But if you...

Its not about day trading, I think thats for losers. But if you have no expectations of rapid or large rises, then you trade when you feel you can take a profit. I was sucked in by the ARES bid, in that I thought $1.85 was an initial bid and would at least firm up to all cash, so I held on when the SP, went up to $170's. Should have sold and taken some profit. If the SP went up, I kick myself a little, but if it goes down, I buy back. Anyway we all have our little systems. But one thing is for sure. if you start to have some faith in companies to know what they are doing, you are invariably wrong. Too much faith in a man with a name like Ferrrari. Bit of a showboat. If that was my family name, I would have changed it for that very reason .He is a shallow Hal .I will never trust his abilities again.