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Friday, October 20, 2006 2:49:03 PM
Look back over the past couple of months and really think about it. When I do, I come up with some very simple and obvious answers that seem to be just to plain and simple.
As far as making mistakes during my time with this stock, each time I made a boo-boo was when I began comparing it to other stocks and trading it accordingly.
I have to remind myself that the reason I'm in this one is that, IMO, it is NOT like other stocks.
Now the most likely people to recognize this fact, if true, would be the people who have seen this type of RARE event before and therefore can play it based on experience.
Since this, IMVHO, is an extremly rare stock with rare timing, there are not going to be many who have seen this type of thing before. If they have I would venture a guess that they are very professional and make thier living doing this.
Just my opinion but I also keep reminding myself, there are many, many "tickers" out there that have no niche, product to address that niche, legislation requiring the product be utilized, sales, contracts or half of the "right idea at the right time" together with very positivly positioned, buisness environment/circumstances which this company has and yet these other "tickers" make huge runs and huge pullbacks far beyond the penny mark.
JMIHO,
Nez
Any society that would give up a little liberty to gain a little security will deserve neither and lose both.
Benjamin Franklin
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