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Re: nycjgalt post# 232034

Monday, 01/01/2007 1:14:15 AM

Monday, January 01, 2007 1:14:15 AM

Post# of 311080
Screwed up? It is looking more and more like SLJB was some sort of scam. The problem (IMO) was the guys that were involved in this probable/alleged scam, PV and AD, were more closely related to The Gang That Couldn't Shoot Straight.

In hind sight everyone here that lost money, myself included, violated the number one rule of investing: NEVER FALL IN LOVE WITH A STOCK, because that stock does not love you. Using that same 20/20 hind sight I should have sold when the stock was up around .18 to .20 cents.

One of the lessons that I re-learned with this stock, and one rule I will never violated again, was look at taking profits when you are up 25% (no one ever went broke taking profits) and to set a trailing stop of 25% (sometimes you just have to lick your wounds and move on).

Happy New Year to all and God bless all those who serve in our armed forces both at home and overseas.

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