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di4

Followers 394
Posts 22418
Boards Moderated 8
Alias Born 12/16/2006

di4

Re: CDR post# 541

Monday, 12/18/2006 5:29:45 AM

Monday, December 18, 2006 5:29:45 AM

Post# of 3071
First of all, let me thank you very much for taking the time to respond to my post. That is very nice of you. After I posted, I thought... who here would want to take their valuable time to respond with anything more than "take a class idiot".

After reading your post, I am overwhelmed at how much I have to learn.... overwhelmed but determined. There are so many resources online that it is hard to know how to go about finding the best source for learning the basics. There is nowhere in my small, depressed community to get a live interactive education on this subject and being the mother of 4 with many other responsibilities does not allow me to travel to the nearest community college to take a course. Is there a good book or something else that anyone could recommend? Where do people get their information to be confident that they are equipped with what they need to know to make good decisions investing? Like I said, I don't know anyone personally that trades to pick their brain, so I don't know what I don't know and I feel like a pest posting what I am sure will be deemed as ridiculous questions and afraid of defying the rules as a 'keep to the subject' on a board. (this is the first board I've ever posted on, so if I am irritating anyone, please accept my apologies in advance and just let me know to stop posting).

Since no-one has kicked me off yet, I will take a risk (you can see I am good at that LOL) and ask a bit more.

I am so new that I am finding that I am constantly looking up every abbreviation and term. For example, I didn't even know what 'shorted' meant. I think I understand now since I just looked it up... I see that an investor can check the percentage of short interest. I am wondering where that information would be? For this company, I looked on the website but didn't see where it may be located. I am so sorry to anyone reading this feeling as if it is so elementary that it is a waste of time to read, let alone respond.

Since delving into anything that came my way that looked like a 'good concept', I have now learned how extensively each company should be researched. I would love a fresh start by selling everything... but now I am afraid of that since of course, some have went up and some have went down. I don't know what I may have locked in at a good price and what I should get rid of because I'm going to keep losing. I would love to post what I have but would never want to presume anyone would want to look at it to help assess. As far as getting a broker- well, I don't know who to trust since I was telling a quite well off friend about Skin a few weeks ago and that person, who is good friends with a broker, said they would like to invest in sknn because they trust 'my' opinion over their professional friend since most people they like that are in it for themselves. No offense anyone.. I am sure their are very good professionals out there, I just don't know anyone. Anyway, them trusting MY below amateur opinion over one of a pro is VERY disturbing to me and confuses me as to where I should turn. Any suggestions there?

Can I ask another question please? Does anyone know of Cramer on CNBC? My husband believes he's a paid advertiser of those companies he recommends. He pointed out that if he really was that good, that he would be so wealthy by his own advice, why would he be trying to make money on television and with the sales of his book. I can understand why he may still want to.... fame and all. Mind you, this is after my husband watched 1 episode. I just found that program last week and have watched 3 of his shows so far. What does everyone think? Is he respected in the investment community?

One thing that he said on the show- Bulls make money, bears make money and pigs get slaughtered. Is there a rule of thumb on percentage increase that investors consider satisfactory and to ride for more would be 'piggish'?

Relating directly to skins- at $2.53 average with over 5000 shares.... is it possible to ask opinions on what experienced traders would do? I am probably asking a silly question again since I can see the potential of this question having so many variables but I guess it's worth a shot to throw it out there since I really wish I knew how to handle it.

Again, thank-you so much for your response to my previous post... I really appreciate your time and please do not feel obligated to reply to this post if you don't want to. I am more than happy and understand if you would like me to hand back the lid to the 'can of worms' that you opened if you'd like. :)

one more question.... Anyone heard of or is a member of zecco?

oh and another thing- transferring accounts- I began in sharebuilder, then opened an ex24 account and plan to transfer everything to zecco (barring negative consensus) --- is there anything I need to watch for in transferring?


ps... sorry about the 'book' here.

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