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Re: jessellivermore post# 7485

Friday, 02/01/2008 5:24:59 PM

Friday, February 01, 2008 5:24:59 PM

Post# of 19309
Dear Jesse...

"You cry like a 2 year old and ask us to talk you out of selling all your GTCB stock and buying ZGEN."

Thanks for the compliment because 2 years old are at least honest and do not have a herd mentality that follows blindly the "flavor du jour"... You obviously misinterpreted my post from last week when I was trying to start a conversation regarding the risk/reward of GTCB Vs ZGEN after ZGEN's pullback. I do not blame you however because the masses followed Dew down the path of empty satire and ruined the whole thread...

"Then the stock moves up a few pennies and you're giving us all directions on how to trade GTCB."

I never try to give trading directions to anyone but I usually post what I have done and why in the hope of generating intelligent conversations. As I have said repeatedly, GTCB is not really a good trading stock, however when it pulled up past $1.1 I unloaded some seeing that I had bought quite a bit around $0.8. If you want to trade a stock, then I suggest GOOG or the likes. GTCB is a stock you buy and hold but once in a while you have to be able to take some profit off the table, at least I try to do that... I really do not understand where that statement of yours comes from and especially in relation to my posts today, but I guess there goes the herd mentality again and I expect Dew and his mafia to start cheering your post...

"I believe you posted you are a retired physicist and I'm sure your very smart"

I do not recall posting such but I must have because you are right on two out of the three assertions up there. At the risk of sounding pompous I have to agree that I am very smart and I am also a physicist although that does not necessarily imply that I am smart because I know many physicists who are not smart! As for being retired, that is only partly true. I have retired from Academia but I still have my own business which takes up about half my time. The rest of my time is spent trading as you must have surmised by now... Occasionally, I miss Academia and I consider going back to that life but I enjoy the markets quite a bit and I really enjoy being in control of my time...

"Try to be patient, this is a stock where those who are patient will do well."

I agree with you on that assessment and thanks for the advice. However, patience does not seem to have paid off for Dew with this stock yet as he has been holding it and adding (according to his posts) for the last three years at least. On the other hand, like Dew and yourself, I am hoping that 2008 will be the year where GTCB shines in terms of pps as well as Sciences...



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