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Alias Born 05/31/2006

Re: None

Thursday, 08/31/2006 4:15:03 PM

Thursday, August 31, 2006 4:15:03 PM

Post# of 20076
Oh great - the valuation geniuses...

I got in at .32, watched it spike to .40+, then sold the next day at .28 near the end of the day becuase of the obvious TECHNICAL reversal. Yes, I lost a little money, but since I sold it's been cut down an additional 50% in three trading days.

I like the fundamnetals here as well. But you're an idiot if you ignore the technicals. I look for doubles, NOT home runs, on the upside, and try to limit my losses to 25% or less on the downside. And I'm right about the same amount I'm wrong. But 100% ups vs. 25% downs allow me to do quite well.

So, if you want to stick with the, "fundamentals are great! buying opportunity! undervalued!" mantras, that's your choice. Best of luck to you.
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