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Re: coaldollars post# 40573

Sunday, 01/03/2010 5:19:49 PM

Sunday, January 03, 2010 5:19:49 PM

Post# of 43413
Not everyone can win, that's the case with every stock. Every investment is a ponzi scheme. Microsoft could come tumbling down as we saw with Citibank, Lehman, AIG, GM, and so many others. The trick, even with penny stocks, is a diversified portfolio along with a strategy that takes profits when due.

My post was meant to make fun of the fact that those who lost money on the hotel stock call him a "scammer" when those hotels simply lost money and were foreclosed. If he'd have made $3mm a year in profit, and I am sure that's what the plan was, they'd be calling him a great CEO.

We all know he's on the finance side of the operations, and the business itself here is run by Mr. Ingala. Let's hope he takes his knowledge of these markets and makes us some money.

If we somehow win, we have to remember not to be too greedy.


DISCLAIMER: I am a dirty, rotten penny investor. I am not compensated by any stock. I've asked them to pay me, they refuse. I buy stock on the open market. I sell it there. I like money. I am greedy. I am under the care of a psychiatrist.

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