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Re: Bizreader post# 72654

Tuesday, 05/19/2009 10:41:10 PM

Tuesday, May 19, 2009 10:41:10 PM

Post# of 730663
biz, i have to agree with you on most points here...

but, i will tell you something, that i think not many of the posters here stop to think about, and that is cost basis.

theres a lot of shareholders that have owned pre-seizure. i am one of them. did i average down?? sure i did many many times.

but realize, some didnt. and sure, its also easy to sit here now... however many months later .. knowing how the stock has done on a daily basis, and say ... " well why didnt you avg. down"??

of course you know where i am going... it takes some guts to throw more "good money" at a stock that is wayyyyyyyyyyyyyyyy down in the pennies, and hope beyond hope it ressurects itself.

hell, we truly dont even know if thats gonna happen here even do we? theres many investors who believe in the school of thought never to average down.. never throw good money after bad. will it work here, i sure as hell hope so.


i'm merely suggesting that not everyone is in here at a penny or two, or three.
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