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Re: futrcash post# 1422

Wednesday, 12/15/2010 9:42:41 PM

Wednesday, December 15, 2010 9:42:41 PM

Post# of 2874
I don't mind the sleeping disorder because I think the odds so strongly favor one day we will wake up and the stock will be dramatically higher.
I purchased more stock recently and am pushing 7 figures, sure it has taken awhile and longer than I thought, but I've been there before.

Let's just do some math,
say 800,000 at an average price of $0.10 for an investment of $80,000. Maybe it all goes up in a bad nightmare.

Maybe I end up being right and wake up and the stock is $1.00. Let's see quick math would suggest a market value of $800,000.
Not a bad risk/reward in my book.

Now put together 5 stocks with similar properties, all I have to do is be right on 1 and I have doubled my money.

I know most everybody wants to chase after the hot stocks, I prefer to build nice positions and what for all the heavy breathers.

I have been doing this for a long time, which means I got enough experience to know I can be wrong, dead wrong. In this situation, things appear to be lining up and it is just a matter of time before the plane lifts off. Others will come in and chase momentum, God love 'em. I don't do it that way and haven't since I got into the business 40 years ago.

Good night and sleep tight
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