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Zion Oil & Gas, Inc. Message Board

racrocker 2 posts  |  Last Activity: Aug 27, 2014 9:22 AM Member since: Jan 13, 2000
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  • Reply to

    $6.88 Sold & Out

    by vwl17543 Aug 26, 2014 12:00 AM
    racrocker racrocker Aug 27, 2014 9:22 AM Flag

    I wonder how many people sold QCOR at $1.25 per share following a 25% increase in the price of the stock from $1? Many did. They never bought back in.
    Most people have more losers than winners, if you don't let the winners run, it's a losing game.

  • Reply to

    $6.88 Sold & Out

    by vwl17543 Aug 26, 2014 12:00 AM
    racrocker racrocker Aug 26, 2014 1:24 PM Flag

    And if it goes to $8 or $9, it's very unlikely you will buy back in, regardless of management team or DC Bead approval. That's human nature, to buy the stock back at $8 or $9 means you have to admit you were wrong to sell at $6.88, which simply will not happen.

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