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Re: Huggy Bear post# 12871

Wednesday, 07/25/2012 11:05:10 AM

Wednesday, July 25, 2012 11:05:10 AM

Post# of 24254
Well, one of the first rules of investing in stocks is to cut your losses as much as possible. So that temperament in stock trading/investing is more of a help than a hindrance in the long run.

As a side-note, I wonder what odds posters give for SMKY financing to come through? While we pass the time during this 'silent period' I would be curious to know.

I would have to say about 7:1 for $1M in financing and 20:1 for enough financing to make the first acquisition.

For me, that is what will make the expected announcement all the sweeter. When/if it comes, I will not necessarily nitpick all of the details (initially) as much as I will rejoice at the momentous occasion.

All The Best

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