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Re: sahd3g post# 670

Wednesday, 11/11/2009 9:37:47 PM

Wednesday, November 11, 2009 9:37:47 PM

Post# of 21090
Free shares is your bag but some of us prefer to sell them for cash to reapply elsewhere. Your style is OK for long term holds. Active traders don't want to lock up their profits in eighty-odd beanbag plays that could easily vanish because of their OTC status. I like cash.

Today I took profits on a small portion of my HDY position. Pigs get slaughtered and I have no wish to hold any shares in any publicly traded entity (that's "tity" and not "titty")for an indefinite time. Nothing ever stays the same for long, ditto when it comes to stocks.

By the way, do you think you could hang the free share thingy up to dry? You preach constantly, I doubt anyone here wishes to hear the lecture again. The idea of holding shares in lots of companies until Doomsday is a lost cause for sure as it ignores momentum-based trends and day-to-day fluctuations in sentiment and fundamentals. Free is fine so long as it's cash in your pocket. Otherwise it's unproductive money squandered on a dream and nothing more.