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Re: investor22 post# 113665

Monday, 05/16/2005 11:50:44 AM

Monday, May 16, 2005 11:50:44 AM

Post# of 279080
I see no reason not to hold long-term. This is a risk stock and what I see as a growth company. When I see an oppurtunity like this I simply set an entry price and buy my long term shares.

I have no reason to sell these once purchased. I have set aside the money as a complete risk and am willing to lose every cent of it. I use to go crazy watching news and worrying about stocks like this.

Now am I going to look at the stock and see if I can make money on it in other ways. Sure who wouldn't but I will not touch my long-term shares. They are there to do what they will. No more buys or sells or allocation in the long term basket of the stock.

I would however buy a batch just to trade when the price goes up like we are seeing today. This helps offset the cost of the orginal buy in and on almost all risk stocks you should be able to hit at least one bounce during the long term hold.


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