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Re: LCLiving post# 20963

Saturday, 08/11/2007 11:36:24 AM

Saturday, August 11, 2007 11:36:24 AM

Post# of 132364
I did in fact leave when Charlatan left. We had a civil conversation via PM. He did not tell me what to do, simply explained what he was doing. So thankfully I was only down a little when I got out. I followed Charlatan to UWRL and took a modest position. I sold all my position in another stock that has Rees' fingerprint on it at a loss (PFUO). I put the bulk of the recovered money from both Rees' stocks ( WRNW and PFUO)into SPZI at an average of .009 and have more than recovered. I speak from experience when I say that you can not call a bottom on stocks like this. When they started selling leases and moving time frames etc., I chickened out.

Best of luck to all here. I hope it turns out well for you.
I'm not encouraging anyone to do anything, just stating on the board what I did.

JC