An investor only looses when they walk away from the table and accept a loss. Anyone that thinks the stock fairy is going to keep their position positive is a bit naive. If a person were to walk away at say 2.5 and have lost from a position of 7 that person would be just what the big short-sellers are looking for an impatient sucker that trades on short term gut reactions, but if that person still thought that the fundamental product of SIRI was going to prevail in the end, they could jump back in to the amount they bailed out on at a major discount at 1.38. Can you say, "If I multiply shares I make money on small stock gains" and "losses are only losses if I let them be so" ? It could go to a buck, so what, it is a temporary paper loss unless that person were to be short-sighted enough to again sell at a loss in which case that person doesn't belong in this or any other stock, they belong at a Casino.
-
An investor only looses when they walk away from the table and accept a loss. Anyone that thinks the stock fairy is going to keep their position positive is a bit naive. If a person were to walk away at say 2.5 and have lost from a position of 7 that person would be just what the big short-sellers are looking for an impatient sucker that trades on short term gut reactions, but if that person still thought that the fundamental product of SIRI was going to prevail in the end, they could jump back in to the amount they bailed out on at a major discount at 1.38. Can you say, "If I multiply shares I make money on small stock gains" and "losses are only losses if I let them be so" ? It could go to a buck, so what, it is a temporary paper loss unless that person were to be short-sighted enough to again sell at a loss in which case that person doesn't belong in this or any other stock, they belong at a Casino.
Aug 10 17:53 pm
|Rating:
0
0
All Comments by blogwatcher »Sirius XM Radio Analyst Roundup [View article]