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Sunday, November 26, 2006 1:03:49 PM
He was probably a short. Looks like he won, at least for now.
All BS aside, this is where losers sell, and buyers buy. The buyers believe the PR's and the sellers either panic or disbelieve the news. It is of my oponion that the company is being quiet for the benefit of buying back shares at 52 week lows. Of course, I could be wrong, it wouldn't be the first time. Myself, I'm buying down here. I will buy more on Monday. If I'm wrong, it won't break me. I follow a plan, that plan is to buy at each 33.33% down point from my last buy which was at .0015. But, this will be my last buy until I am sure the company is legit. Cramer was right about one thing, "NOBODY EVER MADE MONEY PANICING" Making money in the market isn't easy. Only the mentally tough can control their emotions in the face of uncetainty. In order to win in the markets, you must be willing to lose. Of course, you must win more than you lose.
luck to all of us!!
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