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Re: SirCharChar post# 121146

Thursday, 09/21/2017 11:05:38 AM

Thursday, September 21, 2017 11:05:38 AM

Post# of 455296

have lost a lot of money.



You haven't lost anything until you sell. Unless of course you margined your brokerage account and were made to sell to cover the margin call. Never margin unless you are 100% sure. I used margin in the late 90s on some offshore drillers and made $$ hand-over-fist, but the risk was was pretty much non-existent at that point for those "pennies on the dollar" drillers. Retail was being told by the Street to buy the NASDAQ but the smart-money was buying fossil fuel. This is how I view Anavex, although its much more risky.

I know it tough, you just gotta be patient.....sometimes a month or two makes all the difference in the world between selling for a loss or riding a huge rally. Been there many times before and watched retail investors bail, only to buy back in at much,much higher levels.

-Fireman
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