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Re: waveytrain post# 188567

Wednesday, 02/24/2010 1:04:56 PM

Wednesday, February 24, 2010 1:04:56 PM

Post# of 249148
Waveytrain....re euphoria and 98% off of old highs....I would be very interested if you could shed some light to the following:

1) How much time did we spend at those levels?
2) Since those days....what has been the average share price? Is it near those lofty levels??
3) Over the past few years....one COULD have bought as many shares as one wanted for UNDER one dollar. Infact...many of us bought an enormous amount of shares between .40- .80 levels. My breakeven point is in the high .90s. Everyone had the opportunity to participate at those depressed levels. Whether one did or not....that ws a personal decision.
4) If you or anyone else has shares at much higher levels....why didn't you sell them ...and then wait for 30 days and buy them back? You could hae controlled roughly the same number of shares but taken a HUGE loss and uses that to your advantage in regards to taxes.
Therefore....it's not too difficult to understand the "euphoria" given the fact that most of us were able to dramatically increase our positions in the sub one dollar area.

Sincerely,

Jas

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