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Re: EarnestDD post# 299916

Friday, 07/17/2009 1:19:18 PM

Friday, July 17, 2009 1:19:18 PM

Post# of 311057
Let's do a hypothetical. Say you own 30 million shares of a scam stock and despite your best efforts, it continues to languish. What options do you have ? You can take your hit but it will take you approximately 150 years of IRS $3000/yr capital loss allowance to recoup your lost $450,000 "investment" OR you can sit, sucking on your hookah and dream up scenarios with names of RM candidates and dates of the "great redemption" hoping that people buy into it. It's called grasping at straws.
If you had no scruples, which path would you follow ?

When you know a thing, to hold that you know it; and when you do not know a thing, to allow that you do not know it - this is knowledge.
Confucius, The Confucian Analects