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Re: Cutting Corners post# 2588

Saturday, 05/28/2005 2:55:16 PM

Saturday, May 28, 2005 2:55:16 PM

Post# of 44374
'Cutting Corners'

I agree with William 2112, no need to justify your moves. They were correct for your PLAN. The only one that counts!

LOL the other day I asked you to write me a check. You said you bought GTEL at .067. Probably the lump I sold out last year!! So you owe me one!LOL.

The plan, last year I was LONG and dumped for a short time because it met my over all trading plan. 50% TAX loss.

I made 8 2 cent swing trades, and took a loss on my long lump, still showing a good profit on Gtel.Then I got back in at .14 and sold at .28 this year for, a double once already.

As you can see, everyone is different. There plan works for them, not everyone. Want to stress this point on the board again. Just in case some newbees want to follow plans posted about, on any board.

Make a plan that fits your circumstances, don't try to copy others. IMO.

PS; Did everyone read the post saying Sanswire one was going to be built new and the one at the viewing may go to south America? Only a rumor, but makes good business sense!! They have the time, and why not make the thing as good as possible for the 1st try! NO financial loss, because they can reuse the first built, at their partners location down south.

I'll restate my main reasons to make GlobeTel my first ever long position. Mr Huff has proven he knows what he is doing. The business plan pulls rev's from 4 different, leading edge profit centers. Management and major profesionals are on board with their money and careers, to make the business successful!! Oh and financial business execution, within given time frames.




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