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Re: lexion585 post# 26381

Sunday, 07/05/2009 11:31:30 AM

Sunday, July 05, 2009 11:31:30 AM

Post# of 83049
We as CPRK investors are playing with fire.

I have averaged down pretty big here myself and I have a lot of cash in the pot. The red indicator is at 25% at this point but the upside potential is big if we can get anything that resembles performance out of this company so it is worth the speculative play to me.

If you are not retired and/or just playing with speculative money that cannot be totally lost I am not sure you should be in this company at all. I am playing with only speculative money in my portfolio. If I lose it...I still have plenty of cash flow and over 90% of my stock portfolio is in safer traditional companies who pay dividends. This does not include my real estate holdings. I do not need to work. So I play...

If you really need your money I think playing in penny stocks with dark management is foolish at best. If your risk aversion is normal penny stocks are not for you...there is plenty of money to be made trading financials and others. I have done quite well this year and recovered from the last 18 months. So plenty of money in good solid stock plays. If you had gone into almost any of the big names even 6 months ago you would/could easily be ahead 50%. Many plays you would have 2 or 3 baggers.

I put this CPRK stock play on the same level as playing hold'em poker or blackjack...not quite as bad as slots but close...

CPRK is my first penny stock I have ever owned and it is the only one in my portfolio.
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