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TMG,

Given that you got in at 21.90 and Friday's close for DVN was 21.88, you're now down 2 cents a share on a stock that's going to go lower. So, do this. At Monday's open take yourself flat at whatever price you can get. Then, do this. Take the time to WRITE AN INVESTMENT PLAN instead of jumping into something you admittedly know nothing about. Seriously, making $500 bets on stocks you know nothing about isn't 'investing'. It's just gambling.

Once you do have an investing plan written, test it with small money, as in, single share bets. (Paper trading is total nonsense that encourages recklessness. Real money has to be at risk for fear and greed to kick in. But the money doesn't have to be big money.)

Also, as fast as you can, wean yourself off of depending on supposed "experts" to provide you with hot stock tips. There are expert plumbers. There are expert electricians. But there are no expert investment advisors, merely scoundrels who don't know the difference between 'luck' and 'skill'.

Arindam
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