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lentinman

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Followers 152
Posts 14953
Boards Moderated 38
Alias Born 09/02/2004

lentinman

Re: lentinman post# 10

Wednesday, 09/05/2007 3:42:54 AM

Wednesday, September 05, 2007 3:42:54 AM

Post# of 21
DANLC FINAL MEMORIAL: Taken from IBox:

PICK SIX LOTTO FIVE: http://www.investorshub.com/boards/board.asp?board_id=7804

January 15, 2007 to April 27, 2007
86 Participants -- Gainers: 49, Even: 1, Losers: 36
Average gain: +22%


WINNER: DanLC: http://www.investorshub.com/boards/profile.asp?User=27704


Top 10 Posters 
 1 DANLC           156.22% 
  2 KNOWLEDGEISKING 154.61% 
  3 KIPP440          76.85% 
  4 JUSTFORFUN7      61.20% 
  5 SSKILLZ1         60.91% 
  6 VALUEMIND        60.27% 
  7 STEELEDGE        59.39% 
  8 HWEB2            58.74% 
  9 MSGI             57.79% 
 10 NELSON1234       53.82%

Top 10 Stocks: 
 1 PASW.OB  480.00% 
  2 ABAT.OB  353.85% 
  3 UTVG.OB  208.24% 
  4 VII      197.14% 
  5 TSSW.OB  170.83% 
  6 GSHO.OB  158.06% 
  7 IRAE.OB  150.00% 
  8 WSHE.OB  142.42% 
  9 DY.TO    116.35% 
 10 OFI      109.15%

Persons in First Place during the contest.

BOBWINS
KNOWLEDGEISKING
SSKILLZ1
DANLC

DanLC's VITAL STATISTICS:

Was consistently in the top-5. Took the lead in the third week and was in and out of the lead through week 8. Fell out of first place until week 13 where he retook the lead. His high was +166.07% on the second to last day of the contest. He finished at +156.22%.


DanLC's COMMENTARY:

I am 58 and live in Chattanooga, TN. Three years ago I sold my software company and have been exclusively investing since then. My business was based on actuarial software primarily for southern life insurance companies. Although my gains have not come close to some of those I see reported on VMC, I have done well enough to pay my bills and increase my net worth.

I have been following IHUB since the old Raging Bull days. I was an investor in SRAM and was following the SRAM board. Bobwins posted a message there and I followed him to the VMC board. It is funny. I lost money on SRAM, but that one post has proven to be the most profitable invest item I have ever encountered.

My investment strategy is based on one idea. That is, that we are in the midst of an incredible liquidity boom which is leading to almost ridiculous investment returns. Regardless of your political leanings, I believe this will continue until the end of the current presidential regime or the repeal of the dividend and capital gains tax cuts. Six months prior to this, I intend to begin preparing for the bear market many of the posters on VMC are expecting now.

If you look at my earlier picks I am fairly boring. With the exception of PASW, I just pick stocks that were introduced to me on VMC, that I am holding, that I believe have something great about to happen and which I believe have a chance for a big gain. Duh. Isn't this what everyone does?

I got greedy when I traded ARSD for LSGP. LSGP was a MSN cheap stock screener selection. What a bust. I really expected great results from RSFF. I will pick it again as I believe that it still will make its merger work, but really mergers usually take time and patience. Speaking of patience. I lost mine on PTSC, another MSN Money stock screener selection.
>I could have traded it much better. My trade into CHNG was both lucky and benefited from all the posts on VMC. I truly believe that it will be a home run. The longer it waited to report the more anxious I got, but I figured it was my only chance to catch KIK so I traded right before I thought it would finally report. Wow.

Finally UVIH. I worked for insurance companies my entire career. My family made money during the fifties and sixties on small growing life insurance companies' stock. Insurance companies are governed by the states. Usually these are very antagonistic relationships with the states trying to tightly control what insurance companies do. Not so with UVIH. Here Florida is lending money to UVIH. Desperate for providers to stay in the state. I have written reinsurance programs and am fairly familiar with how such treaties work. UVIH is better protected than the market is giving it credit for. I have held as many as 100,000 shares and of course regret every one of the 50,000 share I have sold. I had been waiting for the earnings and the AMEX listing. I will continue to hold my remaining shares for $20 in three years.

Dan

Warren Buffet: 5 minutes and 17 seconds of pure, unadulterated, bulletproof, flawless logic.



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