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Re: spencer22 post# 5908

Tuesday, 12/29/2009 10:14:23 AM

Tuesday, December 29, 2009 10:14:23 AM

Post# of 19693
Spencer.........in your own words you are saying it is a total loss to you.Yeah........??? so what is new about the point ? I am there right with you for many years with a big loss.

I am not going to get nuts over IPWG. The pain of it has been processed quite a while ago and I have taken most of the loss already on the taxes.I still have my core million shares..........the most expensive ones from the past, for sentimental reasons I keep them for now.

The only way to make any money back for me was to buy more when it was low at a similar price to where we are today.I did that and looked at it as a new investment with a good risk reward ratio since I have a lot of experience in the stock.In fact I bought more beacuse of the last PR.............it was not a perfect PR but it looked close to me.

Another fact, before I bought this last batch I was waiting for the stock to fall below to around .002 just on the stock charts technical s alone. I did not wait to jump because of the PR.

OK...............so it has not worked out as I planned today.Now I have a new strategy on whether to jump in again if it goes to .0015, it could? How do I know it will not?.....if there are delays it will, because of the negativity around the stock.

I did not think the chill would be lifted as easily as some hopeful posters here.I also did some checking and found that few chill are ever lifted and once one is put on, it is the death nail for a stock.But I still went on with my move despite this.

I also want you to call the transfer agent Spencer, and find out for your self the actual share count. I call them regularly and know what is up there.I factored that information with my DD and the recent PR's and bought the stock. I either believe they are trying to do it share increases or I don't. If you don't believe you should not invest here and you should have no worries.

I am not emotional over the events and don't take all the dates and rumors as one of the dictates of the ten commandments which are cast in stone.I know they are not. I also know all the past and how they have some real bad karma and failures to deliver on time.

This is what I do.................invest in penny stocks for a living. If I don't invest or take risk I make no money. could I do it better?....................everyday I see how I could do it better.Yet is it possible to make money in these type of stocks?? I think it is possible to hit some of them. All the factors can never be known.

I just ask you to remember why you invested in the first place recently.The past .........is way to long ago. If you did not add at these prices you will never get even from the past...............IMO. You have to take the risk and the leap.Plus, every day do more DD on this...............because it changes every day.

I always look to see if it is a con-job.If it is?..............they are not very good at what they do, or they are so good that they have gotten away with it.If the latter is the case........they deserve all the happiness ill gotten gains can give you, because they have earned it.It is not easy work to be a con, but worms have got to eat too.........:)

No question that I am a big fool.......Yet, I never invest any new money because I think it is a con job.I have other stocks in the same boat looking for money.........in fact most of them are looking for money for years, they have all missed their deadlines.They are still here though..... fighting for it. Like IPWG. when one of them makes it.....I will be there despite all the failed promises and rumors.

Delays happen all the time everywhere.Have you ever been married??..........there, I have said enough about promises.I don't think it is intentional...............IMO

Also,........I think yesterday was the dead line for taking this years losses, if I am right.that may have had some effect also.