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Re: kazzz3 post# 12465

Saturday, 11/04/2006 1:13:37 PM

Saturday, November 04, 2006 1:13:37 PM

Post# of 141614
& I agree with everything you say except for shame on him for investing "that kind of money".... In my mind it is all relative, if you have a couple of million to trade with, putting $25,000 into a penny isn't that bad now is it.. and obviously he didn;t sink a ton of money in all at once, he did what some are yelling to do on this board... well.. when you buy in and average down and average down and average down and have to keep sinking money in to keep relatively tight with the current PPS, at some point in time you have to say to yourself, hey? and possibly cut your losses.. if you don't, that is how people LOSE EVERYTHING...

...how about YOU keep averaging down to .003 and then trya nd get rid of them...ok? if you have a million shares at .01, work out hwat it costs you to get average down to .007... then work out what it costs to average down your new share count of like 2.5 million to .004.... if thats how you trade...IMO.. one day you will get BURNED... i agree you don't position in everything at once.. however to recommend to continue sinking money into a heavily downtrending stock is nutz...IMO