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Re: A deleted message

Saturday, 05/22/2010 3:08:14 PM

Saturday, May 22, 2010 3:08:14 PM

Post# of 51970
Thats exactly what you should be doing. Don't get me wrong I am not saying you should liquidate your entire position but you should take some money off the table with profit. You never know. this could be the one where the owners decide to make a legitimate run at a highly successful company, but there are other entities that would not like to see that happen. Legitimate companies have been crushed by naked shorters to the point of oblivion. So not only do you have to keep your fingers crossed that these guys are legit, you also have to keep them crossed that the crooks don't have a huge stake in hoping that this company dissolves. Down at these level the odds are highly stacked against the common investor as our money is used as chum in shark infested waters. As a rule Americans are quite greedy, it is in our blood, but to be greedy down here as a common investor is just outright insane. If you found a 100 dollar bill on the street would it give you a pretty good feeling, or would your first reaction be "I wish it were a million" ?
If you use the same logic down here you will make money. The only people that get rich at these level are crooks and scam artists. Just because they get rich fast does not mean we will.

Trade wisely my friend