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Re: steeledge post# 84

Tuesday, 02/09/2010 7:32:06 PM

Tuesday, February 09, 2010 7:32:06 PM

Post# of 489
Steel. Dont forget about all those people that counted on Enron, Tyco or Madoff the jagoff for their retirement as well. Blue chips, same as pennies, fall to the wayside sometimes. At least in china you get hung for defrauding investors. Bottom line, there is always the risk of losing 100% of your investment, yet also the prospect of returning 1000% or more in the long run. I agree its all about risk/reward scenarios, and just dont invest at all if you dont have the funds or stones to go for it.

I'm not counting on that scenario here, either way, just saying this is the reality of investing in stocks.

Tiger - what price do you want to see friday? I'm in strong warrants @ 1.25, so i paid too much a long time ago obviously. its of absolutely no consequence to me. my outlook here is simple, i will sell the extra warrants at intrinsic value or above and hold the amount i intend to convert come strike price.

All this hinges upon a successful merger vote, but from all my DD it seems that there is at least a 75% chance of this going smoothly. Mgmt is prepared to move quickly to uplist and go after more capital/contracts directly following the merger. IMO it seems like a win/win situation for both CFQCF and wowjoint.

malc.
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