I agree 100%! People tend to hold on to their losers because they don't want to solidify the loss and because they hold onto the idea that the stock will bounce back at some point. At the same time they will sell their winners to lock in profit!
Someone smarter than myself told me to sell my losers and let my winners run,just like you would with a racehorse.
Does anyone really think that the race is over with kxl? Certainly not Mr Richardson,and I get the feeling that he knows more than I do. Rico