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Re: Lojiko post# 21265

Friday, 10/10/2008 12:34:39 PM

Friday, October 10, 2008 12:34:39 PM

Post# of 45392
Absolutley agree. Let this thing play itslef out. Solid cash rich securities will maintain themselves long term. Government stay out of it! Those companines that hedged their cash for high returns with huge risk deserve the flip side of the reward. I feel bad for the bag holders and near retirees banking on their 401k's however.

It's ironic Cortex being my highest risk and most speculative play, became my largest holding, a huge overplay for me caused by a determination to average down, has turned out to be a saving grace...for the moment at least. Now if the powers that be can get a deal inked sooner than later, a once in a lifetime opportunity exists for the cash rich investor chasing cash rich staple securities.

Scstocks,
Good call on DUG at 28. I believe it was you who posted you were chasing a decline in oil several months ago. Where would you be eager to put you money once capitulation occurs. I've been looking at various etfs. Just curious.
I will probably pull 50% out of my Cor holding once a deal gets done. I believe now that the RD indication has proved itself to be legit, Cor's platform and sp has huge upside but I am in a serious need to diversify. Any thoughts are greatly appreciated as you seem to be on a bit of a roll. Thanks.


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