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Thursday, 05/17/2007 6:35:55 PM

Thursday, May 17, 2007 6:35:55 PM

Post# of 11318
I wasn't going to post this, but I figure what the hell. It might shut people up about why the price is what... You'll all enjoy the amusement. I started off with about $34k of my own money last year and about $25k of EPSS shares of another company. The $34K turned into $15K because I suck at trading. I put it into RHWC last year and my account sat nicely at $68k right around xmas. Wow! I made it all back plus profit! I thought with all the PR and activity that RHWC was going to go to the moon. I sold my EPSS shares and put the money in around 25 cents. Then BAM, back to 20 so fast I didn't know what hit me. I was on the verge of a nervous breakdown when we fell back to 10 cents a month after that. I paniced and sold out at 12. I at least had about $35k to my name. I decided I'd put it back into RHWC once better news came out. When the PR about Filogix came out, I hadn't been awake long and didn't read it carefully. I saw the bid and ask creep up before open and figured I had to get back in quick or I'd really miss the boat. I put in a limit order for 250K shares for 0.15 That spike and gap was me... the order didn't fill right away and I was sort of deer-in-headlights when it started falling back. I had time to pull my order and only get stuck with about 80k shares, but no, another minute passed and I was all-in at .143 and the price kept going down. I ended up getting a margin call when we hit .11 so I had to sell half my shares and I then caused a landslide somehow back to 0.08. Managed to cover my margin, but something tripped me as 'pattern daytrader' and my account equity now sits at $23k. Not enough to qualify for a margin account anymore so as of next week I'm thrown to the ranks of cash-only. I basically blew the entire savings I had set up for a down payment and now my fiance is second guessing things and pissed that we can't buy a house now. I screwed up bad. I've screwed up a lot of things in my life. Sometimes I hope my car blows a tire on the way home and I just end up on the side of the highway...