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Re: rudy-carter post# 1028

Tuesday, 10/05/2004 10:41:16 PM

Tuesday, October 05, 2004 10:41:16 PM

Post# of 2878
IF SHGY goes down to .13 again , I will buy even more , look I have said this many times over , and this is probably true only to me and maybe livermore.

I AM NOT AN INVESTOR.

I HAVE NEVER INVESTED AND OR HELD A STOCK LONGER THAN 1 month in my life.

I have made over 1 million dollars this year alone trading stocks for seconds and minutes at a time that is my job I AM A DAYTRADER.

My position in SHGY is 100% different. I found a stock that I actually believe in, now yes my cost average is pretty low but I truthfully believe in this play and it could take a year to come to fruition but I am ready to stand by it. I have been accused of pumping this and a lot of other stocks many times and none of it bothers me , and I will even admit to being "loud" on some plays but you will see me stand by SHGY even if it goes down to .05 because my position is too large to sell into this type of market , and because I honestly dont need this profit, I have the big picture in mind.

When I see GOOG trading @ 140$ a share I just keep thinking about who is buying this every second , every minute , why GOOG , why not SHGY?

Obviously there are a million reasons and obviously GOOG is 1000 times better than SHGY.

However one thing I have been good at is risk and reward, and when I look at SHGY I see the risk ( losing my investment ) , or the reward ( stock moving to an index or doing a split and getting major attention ).

When I began trading almost 3 years ago I saw die hard QBID investors constantly pumping and talking about their GAY television POS. All my daytrader friends and mentors constantly bashed this stock and some even went to an extent of banning people from certain chatrooms who mentioned the ticker symbol. The stock traded @ .0001 for almost 2 years and was considered dead money. Hope was lost and it was the laughing stock of the stock market.

And then one month like nothing the stock ran from .0001 ( the absolute lowest a stock can go on any market) to almost .03 cents.

1,000$ invested would have turned to 300,000$ in 1 month
5,000$ invested would have turned to 1,500,000$ in 1 month.

All I saw was how sentiment shifted and every single person in the freaking business including RESPECTED HEDGEFUND MANAGERS AND WEALTHY INVESTORS TALK ABOUT QBID.

I went to an extremely expensive Steakhouse in Beverly Hills and overheard two respected gentlemen talk about QBID while sipping on martinis.

How did this happen? How could something like this happen? Was it one in a million? Will it ever happen again?

I CERTAINLY DO NOT KNOW


But all that I have learnt from that experience is, If you believe in something and CAN AFFORD TO LOSE YOUR INVESTMENT, DONT LET ANY BASHER CHANGE YOUR OPINION , DONT EVEN LET THE STOCK PRICE CHANGE YOUR OPINION , DONT FOLLOW ANYONE BUT YOURSELF !!


The stock market is a dangerous place and the best strategy is to believe in yourself that way if you win or lose you know who to give the credit to.


I am also sorry about how I have acted on this board and other boards in the past and I do admit I have been at times very disgusting in my posting but I will try my best to change my ways and become a better poster.

It should be construed that I have a position in any stock for which I post on. This position may be bought and sold at times without notice, and regardless of sentiment during the time of the post. Posts are purely my opinion and are not investment advic

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