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lentinman

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lentinman

Re: Trinityz1 post# 8939

Wednesday, 02/14/2007 4:50:38 PM

Wednesday, February 14, 2007 4:50:38 PM

Post# of 14027
Trinity:

I could be wrong - obviously, but I strongly suspect that this comment...

"So guess what happens if there's any success driving the price down to .01, more than a few of us are going to average down seriously."

... is only going to cost you even more money!

Here is an incredibly important mathematical fact to recognize - that people fail to grasp all the time.

There is no such thing as a magical buy point at 1 cent. When you buy at $1.00 or 1 cent, you can still lose 100%. And, in this case, almost certainly will.

Len

Warren Buffet: 5 minutes and 17 seconds of pure, unadulterated, bulletproof, flawless logic.



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