Value Microcaps Motherboard

[10 bagger]

MSGI..

I just got a PM that said I should read your latest post..

It's not that I ever had a problem with any Idea or stock that you had but that you always seem to appear with your cash stance at the time the market is falling out of bed..

Rubbing someones face in the fact that you are in cash and predict that the market will fall 1500 points is the last thing that true investors want to hear.. Constructive criticism is not only wanted by most of us but is solicited when showing the pitfalls of any investment.. Buying holding works for most but I like to trade a position,, sometimes even to micro management of a position but always with the profit motive in mind...

Most of my bad trades come from owning stocks that I have not done the proper DD on and therefore have no comfort zone in owning the position.. Yes I have had a few positions of late that have not worked this month and as I mark positions daily have not worked this week,, but today has made me almost whole for the month.. If it was for other than a mark it would be important but,, as your calls for doom and gloom and drastic down days the positions of today will be but a blip on the year or even QTR. results..

I have learned that the way to survive in these turbulent markets is to seperate the noise from reality and allow the markets to do thier job without trying to force the issue.. That will create the Opp. necessary to make the trades that will make enough in your account to displace the non profitable stocks that somehow find thier way in your account without any proper DD..

As to foriegn stocks,, I have found them much more transparent,, trade within much larger markets and have news releases that contain much more meat and less fluff than US stocks..

The Negative is the premium you pay an ARB to be there but,, with the gains avilable that too is but a small entry price to pay to own stocks that are fairly priced at most times..

Take a look at FPSO's,, SEVAN.ol and EOC.ol.. It's a bright world out there and being always negative on the markets is like planting grass in the shade and being dissapointed that nothing seems to grow.. Wondering about what will happen if without further research is like blindly trading QID, DUG, or SDS... By the way as I don't have you on ignore any longer... if that means anything...

hank

You said:
"Like Hank says I'm in cash because I don't have any better investing ideas. He is right, I don't. But from reading his latest messages on this board, some of his ideas aren't working now either."