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Thursday, December 17, 2009 2:11:41 PM
Your speculating and need to check your motivation. If its a scam, why are you here. We all know the risk/rewards.
Your out of money and bought in high chasing the stock and now temporarly upside down. You bet the entire wad? Come on be honest?
I've been stuck like that many times too. Sucks. Learn from it. Penny 101, don't throw all your eggs in one basket. Thats what you did and pissed you can't buy more. Let this sink in good.
Now the classic thing to do is sell those .03+ shares you have today to save what little you can. Thats just a 50% loss on paper. Since I'm sure you are a savy trader you can use the paper loss aginst your gains this year.
Mark my words, I'll be selling QASP on the last day of year and buying those shares back within the hour. Its just commission cost out and in. I still have my shres and a good loss on paper. Win Win for me.
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