Selling as soon as stock turns negative is why Joe Investor does not make money. Think of it this way. Scenario A, you buy 100 shares of $50 stock. 6-months later, the stock is at $75 and you buy another $5,000 worth, or about 67 shares. 5-years later, the stock is worth $100/share and you have 167 shares, or $16.7k for a profit of $6.7k. Scenario B, you buy 100 shares of $50 stock. 6-months later, the stock is at $30 and you buy another $5,000 worth, or about 167 shares. 5-years later, the stock is at $100, but this time you have 267 shares, and a profit of $16,700. I've seen this time and time again. If you buy good companies, and keep buying good companies, you make money. Or, you could just sell your 100 shares after it drops 40% ($50 to $30) and lock in your $2,000 loss. The best money that I've made is by holding stocks for years. I'm sticking with that. Good luck.
drug does not help with proportions, so we might have people with long legs and tiny upper bodies, just like Obama
The economy is propped up under Obama's watch and it will come down hard!!! He could have stopped it but did nothing, as usual.
Let it go to $250. I'm buying more today and I'll buy more IF it goes to $250. ACT is a long-term winner. The stock will double in 5-years.
seems like it's a bargain at these levels...great growth, great pipeline.