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Re: Jeperdtout post# 619

Monday, 11/02/2009 9:18:04 PM

Monday, November 02, 2009 9:18:04 PM

Post# of 8554
I think you would be smart to hold but I'm not about telling people what to do with their money. I personally have been adding to my position in this company (or shell or whatever it is at this point) for some time betting that something will come of it. Is it my expectation that it will be a reverse merger? I don't have information to back that up, but I have been told however that management should be announcing what the future might hold by the end of the year. If news is not out by then that is not to say that I will abandon my position, but I will be looking for reassurances as to what is going on.

Instead of pumping stocks on a daily basis moving in and out I prefer to do my due diligence and build large positions in a few companies that I believe have a compelling story to tell as to why they are worth a great deal more than what the market is saying at that point in time. Do I admit to being way ahead of myself with IFHR - absolutely, but I am confident that I will be awareded for it. That being said I am not wagering my retirement or money I need next week so I do have the luxury of being patient. I certainly wish everyone well on this and any other investment that they make.