Thanks for the detailed explanation Flash.
A couple of times.. I've dumped a stock when I saw it drop a couple of poiints, even from its IPO at first.. and then was totally sorry when the stock shot back up.
Right now I'm working at home.. so.. while I certainly have to spend time working and looking for new projects, I can also log in several times a day to see what's going on. If I see a stock move far down, I usually sell.
You menjtioned having the cash to ride out losses. I have.. just over $100 mil.. so.. I woiuldnt like to take a loss of several million dollars.. or it coukld take me a while to make it back.
I've also started buying weekend box office warrents, or whateveer theiy're called, which I havent dont before. Made over $100,000 on just one of those, in one day. Hopefully the movie will meet the warrant, and cash out at a profit for me.
Thanks again.