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Re: Jetmek_03052 post# 122199

Sunday, 06/27/2010 8:40:46 AM

Sunday, June 27, 2010 8:40:46 AM

Post# of 157300
99 times out of 100, huh? Is there a link to a study that supports that, or is that a guess based on experience?

Classifying me into the latter portion of your statement is another example of making an assumption where you have little or no knowledge, kinda like your recent post about the new COB and CEO.

Here's the reality... I can lose my entire investment in Sanwire without having to "pick up the pieces" of my life. I will do just fine because I haven't risked everything, I'm still relatively young and in great health, and I have the skills and ability to make a lot more money to replace what I've lost if this doesn't work out. I have a time frame in mind where I'll move on. I've only been involved in this stock for 5 years, and in accumulation mode for the last 4 years. I like the developments I'm seeing, and will continue to buy shares.

You see things differently, and that's fine. I don't need your support to continue to invest.

There is one statistic I'd be interested in knowing:
How many out of 100 investors who lose money in a stock hang around for years afterwards posting on message boards for that stock?

Sticking around for years seems a lot more pointless than sticking to an investment strategy that may or may not work out. But, I guess there's some small value in being able to point out to current investors that you were right all along (except of course for the period when you were an investor yourself).



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