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Re: SOROS post# 81471

Friday, 06/29/2007 8:08:22 AM

Friday, June 29, 2007 8:08:22 AM

Post# of 202893
Posted by: SOROS
In reply to: y0 who wrote msg# 81458 Date:6/19/2007 11:20:08 PM
Post #of 84668

"Come on now. Pompano is just investing according to his comfort level, and that is based on who knows how many things that have happened to him? Right now, if I read him correctly, he thinks, based on charts and support, that .0035-.0039 is a great long-term buy with no additional information. He's content to buy there with learning nothing new. But, he'd be just as comfortable and content to pay .0047-.005 based on new news that instills more confidence in line with his terms of investing. He's just not "sold" on the company like some are and not willing to risk any more than he currently has invested. In other words, his risk/reward ratio is still like 52/48. I just hope he and others have not underestimated how many others with deep pockets are thinking exactly like him, and they have 24/7 "watch" on with immediate orders to follow with the right news -- and as Lurker and Five and Mary Kate and others have pointed out, just how quickly we might blow through resistance levels, so I hope he is also just as comfortable and willing to purchase his next set at .007-.01 or, heaven forbid, even greater ;)"




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