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Alias Born 02/29/2004

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Sunday, 03/28/2004 11:59:11 AM

Sunday, March 28, 2004 11:59:11 AM

Post# of 13759
Good morning. I have a few thoughts about the game we are all involved in. Since I was a professor I always like to share what I know with new players. To be successful in this game you must first know yourself. If you do not have the stomach for wild rides you need to be in mutual funds and let someone else make decisions. I had my IRA funds with a well known investment company. They were so proud of their 5 percent growth they reminded me constantly how well I was doing. I took control of all my own investment decisions about a year and a half ago and have scored 400 percent with high risk-high potential companies. I bought CYGX and sold for a triple, I bought ERHC and now have a double and have not sold. I bought TRBY and have traded some but am in now for 300,000 shares. 90 percent of the penny players lose money because they do not know enough to be confident or can not do proper DD. You must have a healthy skepticism of all posters on message boards and that includes me. Penny players get rich about every 5 years even with dog companies. The trouble is they lose it all back when they fall in love with companies that have no way to finance their operation so must continue to issue shares. Short sellers smell these troubled companies and down they go. I know of boards that have bagholders still hoping and praying that their stock will rise from the dead. If this was a company with no future it would be less than one cent right now with a huge assortment of bagholders. I will trade 25 percent when it crosses .20 and not one share before that. That way you always have dry powder to buy the dips. Some of you have as much or more experience than I do but this message is for the less confident new investors. It took a year for ERHC to double but I expect it to double again this week. I have a triple in this stock for most of my shares and it will certainly double again before the year is out. I make my share of mistakes but this is not one of them.
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