I have really beat myself up on a failure to act on a sell signal.
I have used the excuse that I sold most of them so it's not such a big deal. But I am far from perfect – I stuffed up. It's easy to see the mistakes others make, but it's harder to accept failure in oneself.
I sold 2/3rds of BKN way back in September 09 when the signal was given for an average price of $9, but there was a part of the order just sitting there at the end of the week. I am out now for a substantial loss.
I guess I learned something. Experience can be the worst way to learn, but maybe sometimes it's the only way. Maybe someone will learn from my mistakes.
stevo
