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Re: Cafe69 post# 56278

Thursday, 01/24/2008 4:12:52 PM

Thursday, January 24, 2008 4:12:52 PM

Post# of 64738
Hello Cafe69, Im back. Shortly after my tour with Malcolm I sold my shares in the 30s. I kept 100 shares just for kicks and to remind myself of this stupid mistake. You know, my initial investment of CYGX was in the 90s and just a few weeks later I sold it all at $1.50. Almost the perfect top! CYGX was my first stock ever, and boy did I feel good about that trade... should have stopped trading CYGX there! But I was a fool, and bought more on the way down, thinking I could make a nice profit again. So the gains I initially made, I lost. What an idiot I was.
I have now been trading for two years and my style has changed a lot. Ive learned a lot. I no longer go after companies like CYGX, COR, or PPHM. I have made some nice profit with COR and PPHM, buying and selling, and I still have a few grand set aside to just play with those companies, but overall, I am done with these risky penny stocks.
Sorry, I dont have any secret information. I dont even live in Texas anymore. I did however get accepted into the PhD program at my school on a full ride plus stipend, so that is some exciting news. As far as my opinion on CYGX now... I think it is possible to make money with this stock, but it would be very difficult. And as far as a long term investment in CYGX, I think that would be a very stupid decision. My advice: get away from stocks below $5.
Anyway, stocks are just my hobby, and I still dont really know that much. But I have learned a lot of valuable lessons, thankfully most have not been too costly.
How are you doing Cafe69?
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