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Re: itrade4profit2 post# 175157

Saturday, 06/03/2006 4:24:46 PM

Saturday, June 03, 2006 4:24:46 PM

Post# of 286282
I'm going to use a Metaphor here...

This is the classic highway construction scenario when it goes down to one lane, and you have all the conformers on the right lined up down the road. The sign says Merge ahead, but not merge "Yet". The left lane is wide open and some are taking advantage of it, speeding down to the end and cutting over at the last minute. Those are the flippers, we are the suckers standing in line.

And you know what? They both get in the same single lane at the end of the construction zone. YES, they both do. Maybe you get a couple slots ahead of them when the merging happens, but do they care? Nah. They're close enough. And in the market, they've already made some cash, so it's easy to swallow.

Flipping shares is not wrong. JF says it wrong, but who cares what JF says. JF is not God, and he's not my dad, so I don't care. You can NOT flip, and that is righteous if you so think it is, and wonderful, blah blah blah. Complaining about flippers and saying that is the reason for anything is WRONG. This is about making money....Period. JF is not your freind. You are not a partner with JF. Flippers will flip forever, and in the end when this does in fact go up, they will hold on. Most are not even flipping everything. Flippers are ballsy enough to get away with it, they should be commended for their mastery of the market. Buy low, sell high. Beat them into the ground all you want.

Funny...cause I've never flipped. I'm not losing the farm on this, but I'm down. I'm a young investor, and learning more every day.

This post is nothing directed to you period, just a general post.

Group B is likely to lose MOST, because C will eventually catch on or get out.