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Tuesday, January 24, 2012 1:49:23 PM
Be sure to note how LONG it takes for it to get to that hoped for $1, and then add in all the lost opportunity costs from all the PROFITABLE trades you could have made during that waiting time, IF you learned how to trade reasonably and aware of both sides of the story for the companies that you decide to tie your money up in.
THAT is where the real opportunity costs will eat your lunch, waiting on stocks that have soooo much downward pressure on them to finally make it to that $1.
Not saying Peter won't get this there, but 4 days of 6M+ volume and we cannot even break .55 when the last reported float was 9M, kind of makes one wonder what he is doing?!?!?!?! That kind of volume for 4 days should have certainly gotten us higher than this, especially with the good news we are supposed to have had.
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