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Re: up-down post# 3859

Wednesday, 05/07/2008 8:01:14 PM

Wednesday, May 07, 2008 8:01:14 PM

Post# of 4856
Well if you have spare cash you have the liberty to average down. For those who do Not have the money me included, there is nothing we can do. Also, do not forget if the company goes bankrupt and the PPS goes down & down faster than you can say STOP, then all your money is gone with this averaging down theory.

I have seen this average down trading ruin a few investors with a PK stock which was declared a scam by the FBI. It can also go that way.

So average down is Not necessarily a savior as it can make you go broke in your investments!

BTW, its a fantasy that the PPS will rip! Laughable indeed. I call it a fantasy Not a dream. Its the most extreme form of thought that this will ever even see 0.01 again.

But as I said before the only consolation is that no RS has been done yet since I bought into this in 2005. But it may hit us sometime.

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