Pinnacle Activity Ticker
Buy Hold and Prosper does not apply to the Venture Exchange
I am sure there are members who consider me pretty good at picking stock winners with very few losers. Nothing could be further from the truth. I like to be as transparent as possible and always recommend everyone subject their decisions to due diligence before making any investment. Looking at my record for last year 62% of my buys were indeed losers. Of those 46, I dumped and looking back only 2 made a substantial recovery to close the year higher than my selling price and 4, I have either bought lower and sold higher to reduce my losses.. On the other side 26 were winners and I took profits, a few of them more than once and on a key 5 stocks, I made fantastic profits, buying and selling more than once while holding a core position. My biggest loser was Verisante Technologies Inc. VRS. TSX V, which I believe has great potential,good news reports but the timing is not right and other near term opportunities are available.Had I bought and held most of my picks , my asset value would have shrunk instead of having a capital gains problem, a nice problem to have.so if you go for one of my picks stay in contact. I may have taken most of it off the table. BUY SELL AND PROSPER holding a core position on yourbest selections.