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Re: mc6102 post# 14081

Sunday, 09/30/2007 11:30:00 PM

Sunday, September 30, 2007 11:30:00 PM

Post# of 35781
PHGI - I did pick up some @ 0.009. Only reason is I'm a bag holder at much higher values and have been working on leveraging out my position the last 6 month. Note this is not an average down scheme which really is only for "true longs". I want to get out of this POS, but with a profit. I am using the profit from each trade at a much lower pps position to buy out my bag.

I have a sell in at 0.012, I'll sell my 0.009 position along with another 1000 shares at 0.43. Yes. 43 cents. after that I only have another 1000 in the bag. The bag also contains some more at 0.026 so I've got my work cut out in front of me

But so far I've been profitable at each of my leveraging out trade



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