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Re: Threw-er-back post# 1546

Tuesday, 11/03/2009 5:12:43 PM

Tuesday, November 03, 2009 5:12:43 PM

Post# of 52074
Threw-er-back...My point is this. Lets say you have a US$500,000 trading account. Lets also say that you adhere to strict money management principals and regardless of your 'beliefs' about a company's future prospects, limit your exposure to say 20% of your total capital in any one trade (even 20% is twice as much as most traders would allow themselves). You would earmark US$100,000 towards MZEI.

Lets also say that you first discovered this stock on October 15th. The stock was trading between .07 and 0.75 on that day.

If you entered the market with the intention of investing $100,000 in MZEI you would've been filled in approximately 3 days (given the sustained selling by one or two individuals at that time). You would've averaged around 0.08 including brokerage.

Now, to your own situation, Threw-er-back... on that very day (October 15th) here's one of the posts you made:

"Been buyin all morning.....Gotta get as much as I can before the word gets out big...."

If you seriously meant what you said at that time and on that day, you would've (on the balance of probability) exhausted your supply of funds within a few days...and gotten stock at veryyyyyyyyyy good levels (unless you have a seven-figure sum ear-maked for investment in MZEI!). Indeed, I hope you did!!!

Sooooo...given your commitment on the 15th of October to "BUY as much as you can before the word gets out"... did you STOP BUYING at the 0.07 - 0.085 levels and restart at much higher levels...and if so, what was your thinking behind that?

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