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Re: mich1365 post# 5577

Thursday, 09/11/2008 9:16:23 AM

Thursday, September 11, 2008 9:16:23 AM

Post# of 7338
Let's start with one that we are taking the biggest beating on...CJGH. We bought our way down to .027 and held during the pop to .036...looking back, it was another big mistake...sort of like holding the gain on EFGU at 1.85 several months ago only to see it trading as low as .26. Well, with EFGU we kept averaging down and ended up selling at the beginning of the month for a decent gain. We are still holding CJGH and don't think we will be buying anymore due to the increase in the O/S and the increase in the A/S. They are also having some phone issues, financial reporting issues, and other problems that are a big red flag to us...but we are holding. Our cost average is still .027 and we are down 50% or better. We are down about $7,500 and will ride this PIG to zero at this point. This makes it evident that we lose in the market just like everyone else...the difference for

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