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Originally Posted by DerbyCat
Like I said, I'm planning to hold this stock long term, so I think getting it at $3 is good... my hope is that when the stock dipped to $2.53 last month that that was the bottom and that it's on the rise now - I saw a 1 year projection of over $4 but we'll see about that... It is interesting to see the trend of insider activity for this stock ( http://quicktake.morningstar.com/sto...tocktab=owners ) - this is the first time in years that people like the CFO are buying shares and not selling...
I'm not worried about losing my shirt on this stock, it's just one of many in my portfolio, and it's only 300 shares...
Just my thoughts... thanks for your input.
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With only a grand of your portfolio in it you might as well hold it. But while I wouldn't talk someone off a horse, I would talk them off a stock. You simply have to ask yourself if you would do better in something else. I would put at least a quarter of your portfolio in a silver ETF if you can't buy the physical. Then 10% in gold....Inflation is out of control in this country and no one realizes it....Government cooks data like its going out of style.