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Re: None

Friday, 05/05/2006 2:27:09 AM

Friday, May 05, 2006 2:27:09 AM

Post# of 2230
ONE CHANGE TO PSL3:

Before you get too excited, just remember...

... ALL YOU HAVE TO DO IS PICK 6 STOCKS THAT ARE OVER 25 CENTS - just make sure at least 5 of them have earnings and report...

EVERYTHING ELSE is part of the strategy of the contest. You can participate in as much strategy as you the rules allow or none at all. The choice is yours.

ADDITION: We forgot about RMIWA's request and it is a reasonable request. It is called Doubling Down. If you decide that you don't like one of your stocks and you want to trade it for an equivalent amount of money into one of your other stocks, you can.

1) You have to wait 2 weeks into the contest - and like other trades or freezes, it will expire 2 weeks before the end of the contest.
2) It will count as one of your 3 transactions.

Just keep in mind that if the stock you are trading has gone from $1,000 to $800 or $1,200 or anything else, that you will only be buying that much money of the stock you are trading into. This is true whether you own the stock or don't. So, in that sense, it isn't a true "Double Down", but it makes a good sound bite.

Len

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



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