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Re: JJL post# 402

Thursday, 04/14/2011 7:57:18 AM

Thursday, April 14, 2011 7:57:18 AM

Post# of 63455
Like I said I'm still a newbie and I'm not even sure what "Buying the avg down" is but I already came in a .0093 yesterday, I should have waited to see what was going to happen but such is life. Even though I came in at .0093 yesterday with everyone speaking of it going up between .02-.04 I still think it was a smart buy regardless. I look forward to a green day today as green is always a great color. My first stock I bough ever last friday did the same thing. I bought at $1.67 that same day it dived to $1.51 shortly after opening but then bounced back and since I bought it @$1.67 and in the last 3 days it closed yesterday at $1.89, if it gets to $1.92 I have hit my 10% profit after paying for trade fees and taxes. So here is to me making the same "mistake" twice. Thanks again for the pointer.

Chris