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Monday, November 19, 2007 8:23:30 PM
I can point to lots of trades where I have made alot of money despite the fact the company was losing money. You take advantage of volatility and TRADE.
Never buy a stock and hold forever. You trade. I suspect that most people here know this--despite what they post.
Depending on the next PR--which I expect very soon-- when the buyers overwhelm the sellers for a few days or a few weeks--youhave to take some profits. Hell--kepp alot--but make sure you have your investment out.
I believe CYBl wille ventually see $0.10--but I bet I will take five trades for profits before I see .10.
You were honest to say you sold CYBL at a loss. Just trying to help. Sell when it seems that everyone is buying--and buy when those that did buy panic are selling.
I am not tryig to make it seem easy--but you have to try to control your emotion and try to make money. Be a contrarian.
I bet CYBL will have 10 more swings of 50-100% before the company, if ever, gets a "bottom line".
My bank does not differentiate between cash I deposit that comes from a profiatble trade of a profitable company or loss ridden company. LOL
Good luck to you.
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