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Re: Cause post# 36350

Wednesday, 01/31/2007 6:07:17 PM

Wednesday, January 31, 2007 6:07:17 PM

Post# of 114953
I understand your frustration but you're just aiming it in the wrong direction.

I bought back in at .007. During the Lebed pump, not he company PUMP but the Lebed Pump. It was well publicized all over the boards. Why did I buy then instead of waiting? Because I thought it was going higher. Why didn't I sell as it went down? Because I thought it was going higher. I was wrong. The company didn't make me buy the stock. Do I think it will go higher? Yes I do or I would have sold.

Could the company have done things a bet differently? Sure. I have stated this over and over again, we bought stock in a Pink Sheet company. Very risky. Some of us timed it wrong but IMO, we have no one to blame for our decisions.

I, myself put in the order to buy. I myself didn't sell. No one stopped me. Therefore I either sell and move on or if I believe the stock has the opportunity to rebound, I hold and maybe even try to average down. I understand that some cannot average down because of the AMTD restriction but again that was AMTD's decision and no the company's.

Hey if I want to get upset and mad at someone, then all I have to do is look in the mirror. I choose to sit tight and wait it out patiently because it's a simple stock play, nothing to get emotional about. Not the first time my timming is off and I'm sure not the last time.

But I have no one to blame but myself if I lose money. Not only is this a Pink Sheet stock, it's unsolicited, other than gray sheets the most risky of all. I understood this and bought. I live with my decision.

Persoanlly I'm tired of the where's my Divy and other moaning and groaning because the stock has performed in a very short term for stocks. I know 4 months is an enternity for a daytrader and swing trader but someone who is long, usually is for a year to beat short term capital gains taxes.

I'll stay away from here now because I just can't take the crying and need to blame anyone other the who should be blamed.
Enough romper room for me.

GLTA
Wally
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