Cascadia Investments (CDIV)

[surfstocks]

Thanks for posting that jdet, I have read it before, but just kind of skimmed over it. I really read it this time and realize what is happening to these MM's that keep trying to average up their shorts.... In roulette it's called the martingale system. If you place a bet for a $5 on red and lose, then you place the next bet for $10, so if red comes in, you made $5...if you lose that you place the next bet for $20 on red to make the $5 and so on and so forth. You just keep doubling your bet to get the initial $5 back. In theory it seems that this should work because a red has to come sooner or later, but the roulette wheel has a variable...the 2 green spots. So if the roullette wheel spins 10 times without a red, now you have a decision to make...."Do I want to bet $2540 just to get back my original $5?....because each spin is independent of itself.... it doesn't care that red hasn't come in during the last 10 spins. If red doesn't come in that spin the next spin you'll have to decide if you want to wager $5080 to get back $5. The casino's love when people try to use that system, they usually wind up taking people's money at some point, especially because they have a cap on what you can bet. The MM's have no cap, and the variable on that board is people like us holding long. Sooner or later they will realize the game is up and they will have to capitulate, which will mean $$$$$ for us. So hold long and hold strong , we are the variable in their twisted game to take money from unsuspecting investors.