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Re: A deleted message

Thursday, 05/17/2012 10:09:10 PM

Thursday, May 17, 2012 10:09:10 PM

Post# of 102667
My sympathies for your sentiment but in my opinion now is the time to buy, not sell. I really hope to see the drop to .0005 because I can pick up a million shares for $500. May even buy more. Brings my average way down. That isn't to say that I won't play the swings if they qualify and can make a profit.

I don't necessarily like averaging down but in this case the spread is too great to pass up. In my case this type of play can end up cutting my cost basis by 50% so a 10 bagger from the bottom will make me whole. Probably by September.

Now, I shouldn't have let myself get in this fix in the first place but some of us are slow learners. I am doing everything I can to learn the ropes around here and I have to admit it has been a steep learning curve but very satisfying.

Think strategically and grow rich like so many who have come before us.

Good Luck

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