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RFB

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Alias Born 07/07/2011

RFB

Re: Jackle post# 56786

Thursday, 02/01/2018 11:07:00 AM

Thursday, February 01, 2018 11:07:00 AM

Post# of 81999
This same basic investing principle has been peddled on this SGLB board for the last three years and yet, the entire time it has been in a perpetual free fall for value. Setting the NASDAQ decline aside from 4.00 to current prices and the R/S just prior even on OTC this perpetually declined. Averaging is a simple, basic principle that does NOT apply when a security is in a PERPETUAL downtrend. An investor is much better off, statistically and fundamentally, waiting for some type of uptrend to be found and in place. Saying goes, easier to catch a bouncing ball than a falling knife. THIS IS A FALLING KNIFE and has cut every single investor. TRADERS many have made some quick turn profits, but anyone that has invested in this security is underwater and those that are here from early NASDAQ or OTC Days would have to have a 100 to 200% gain to even come close to even.

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