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Re: frogdreaming post# 79645

Wednesday, 10/22/2008 11:15:23 AM

Wednesday, October 22, 2008 11:15:23 AM

Post# of 82595
"frogdreaming,"

As Buffett says, "Be fearful when others are greedy, and be greedy when others are fearful." In other words, snatch victory from the jaws of would-be defeat.

With DNAPrint, every little bit of funding (including funding from sales of shares, even at these extremely low prices,) can potentially make all the difference. All the more reason to buy shares now. While others are too fearful to do it, that gives me my biggest opportunity. As I mentioned before, this is an integral part of my strategy. I've bought several stocks at their bottoms, this year. Several home runs. That's why I'm able to buy more DNAG shares. Sometimes I do relatively short-term trades, but for me, the "holy grail" is an extremely undervalued stock that I can buy at (or close to) the bottom, hold for a year or more, and sell later at much higher prices, with the lower long-term capital gains tax rate. DNAG is one of my favorites, for this. My other favorite is FNM (Fannie Mae.) There are a lot of undervalued stocks out there, but those are my two favorites, currently. While others may be afraid of long-term investing (a foolish fear, to say the least,) I view their aversion as being yet another advantage for me, giving me even better prices, and leveraging me into that tax-advantageous situation I always seek.

DNAG isn't at .0002 any more, that's for sure.