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pennies2007

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pennies2007

Re: javalin post# 49434

Tuesday, 12/15/2009 3:19:10 PM

Tuesday, December 15, 2009 3:19:10 PM

Post# of 140146
Yeah, averaging down in the penny stocks was a losing proposition because of dilution. Many times there was no bottom until it hit .0001

And since you couldn't short the suckers, there was no way to hedge your position.

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