Southernminer

Dude if you have stocks in your portfolio at a penny I would not be calling that a portfolio but rather a collection of lottery tickets!

Seem to me first lesson I learned was your first loss is your best loss!  While I do not believe in hard stop losses I do believe in soft stop losses i.e. wrote my own program to monitor my holding to a point at any given time I am notified when one of my holding hit my stop so I can immediately re-evalutate and pull the triger when necessary!

It is great when you hit a 10 bagger but does you little good when you get totally hammered so the idea is to limit your losses and maximize you gains!

They can pump this one all they want but the drill results sucked