Friday, April 11, 2008 12:30:12 PM
Posted by: divtrader9
In reply to: inxy who wrote msg# 97371 Date:3/21/2008 6:08:21 PM
Post #of 98573
inxy, I can understand how you feel. I would probably feel as irritated and frustrated if I was holding a stock and I keep reading negative statements repeatedly. But I will not be bothered if I believe that I made the decision based on good technical and fundamental judgment.
It is not my intention to push your face in it. If I was down 80-90% on my investment, I would most likely just hold on to it until it goes to zero if it will. However I will not go adding to the position, as this will be like throwing good money after bad. My post is not directed at investors who are down 90% on their holding ( as there is nothing I can say or do to help them) but is primarily to alert people who might be considering getting sucked in anew by this SCAM of a stock.
There is a ray of hope for long term holders though. As I mentioned in one of my previous posts, there will probably be a new pump about a new buyout offer. This opportunity should be used to exit at a higher price(I stated the expected levels in my post). I am not advising that long term holders add more at this price level in expectation of the pump because this might not happen until price goes way into the subpenny level.
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