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Re: jrider_11 post# 1091

Thursday, 02/28/2008 6:33:40 PM

Thursday, February 28, 2008 6:33:40 PM

Post# of 1109
I could not begin to tell you what to do with your shares.

I do not want to play big shot here, as I did start life after VN unloading boxcars, then climbing iron, a carpenter, then a contractor and manufacturer, and on to things that worked for me. I was a workaholic, saved my money, fixed things that were discarded and broken in the early years and thought of it as "new to me". Life worked super well for me by now, through hard work, patience and enjoying the process. I do trade stocks regularly, but very slight of my net worth is in the market. Currently I hold FTEK (I think might have legs yet), GERN and some other stem cells, HK, CHK (I think gas may be about topped out now, gas cycles, learn it!), NG, a green stock or two and alternative energy issues. I do some other things as a group type thing, but will keep that long story to myself. Science is easy for me, go to your strong suit.

Just depends on your personal stage of life and goals, if you should sell or not. One thing for certain, I have been wrong a few times when I would have known for sure I was right. SO I need not give specific instructions. My guess is, this one goes to zero. But I am holding more shares of it than you mention, losing on it will not hurt me. Sorry if that sounds big. I will weld my own shovel handle back together to save 15 bucks, but then talk bold on a stock.

Learn how to be your own advisor, is what I tell me. I do not always do it either. I read at a board of a group of marvelous traders, full timers, like I have done myself a few years. Yes I did well, and posted k's of posts, many of those calling out scams, reporting to the SEC and such. Now I rarely post. Just read and get great research off friends I have learned over the years. I have numerous things going in life, only wish to spend about 1 and 1/2 hrs a day now on trading and reading. Weekends I spend more. If you are new to trading, I can tell you that in my beginning years I read or worked at learning the market biz 10 and 12 hours a day, many times 7 days a week...was an obcession/fun. a got to succeed. Lucky winnings will soon be more than lost.

I commonly talk to CEO's, even when they pretend not to talk to investors. In biotechs I have helped folks get in trials and then learned first hand how all that monkey business works. No, I did not trade those issues at all. I have gone to great lengths to learn how public companies, which I genrally feel are one sort of scam or another -- how they work. I can many times read a PR and in a few lines see where the lie is, or read SEC reports and tell what they are hiding, when they are about to do a dilution of shares, or tell who the paid promoters are on a chat board. It is my view that not many are successfull at this stock trading thing. ANd I have had huge runs up and down, but more were just work a day ups or downs.

If I have offended you with something here, I am sorry, this happens often in print, not in my real life. I am dislexic, write odd, and many paid promoters make fun of dislexics writing on these boards. But I think I see a good share of us who trade pretty good. My favorite trader and great person I know on the net, is a dislexic.

I have grandly overkilled your question. If my answer does not apply to you then maybe it helps someone new to this.

If I had very little money, and I have sure had to pick up the sofa cushions to look for loose change, I would sell this and buy a few shares of a FTEK or someting pretty solid and depressed. Hold it how ever long it takes until there is enough money and I enough experience to diversify over several investments...all being only a small portion (I like about 1 or 2%, but that might be too tight for others) of my net worth.

Have great life.

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