The Trading Floor (Investing, Stocks, Bonds): GSAT

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GSAT

The Trading Floor (Investing, Stocks, Bonds) Discuss investing and investments here! Do your own due diligence before investing. We are not responsible for any advice or recommendations within this forum!

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#11

10-01-2014, 09:33 PM

redaddiction redaddiction is offline

Red Snapper

Join Date: Oct 2011

Location: Lafayette

Posts: 1,474

Cash: 2,613

Quote:

Originally Posted by Gasper Master

yep, i saw the price steadily dropping, so i pulled out. Once the FCC approves, i will buy back in.

You will have to buy it back much higher than you sold if for today. That's the only problem with not buying and holding. Just have to ignore the daily fluctuations. But trust me it was tough to watch. At the low of the day I was down $6000 from yesterday.

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