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Re: Preciouslife1 post# 79767

Friday, 10/31/2008 3:05:42 PM

Friday, October 31, 2008 3:05:42 PM

Post# of 82595
Here's something, that may help convey the substance of my bullish sentiment, with DNAG:

As of yesterday morning, I owned 304,700 shares of FNM (Fannie Mae.) I've been holding onto that amount for over a month, and the intent is to hold most of it, long term. I expect to see huge gains in FNM, in the coming months/years.

However, I sold 25,000 of my FNM shares yesterday, at 97 cents each (highly undervalued,) to raise cash for buying more DNAG shares. I'm prepared to go further, to accumulate more DNAG and in support of the company during these difficult times, but I think FNM will be at a higher price in the relatively near future, so I don't want to sell too many at current prices.

Too many Wallstreeters avoid the most highly undervalued stocks. I think they're a cowardly bunch, in general. As I said before, I subscribe to the Buffett philosophy of investment, which is buying value, but I'm not afraid of going for the extreme value stocks, companies that apparently scare most Wallstreeters away, but are, in many cases, crucial to the growth and advancement of our science, medicine, economy, etc. Too many small, but extremely promising and valuable, companies, have been shorted down into the mud and left for dead, by these people.

DNAG is the world's most undervalued stock, in my book. (I'm all ears, if anyone has another candidate, for "world's most undervalued stock"!) I'd be a fool to avoid buying the world's most undervalued stocks, but I'm smart enough to formulate a viable strategy -- such stocks can't be safely bought without a viable strategy. (Diversification and balancing, etc.)