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Re: ZOH post# 9656

Friday, 09/07/2012 1:15:55 AM

Friday, September 07, 2012 1:15:55 AM

Post# of 16407
The point that I ponder is that the stock is still there, and we still have the same money involved depending on how we played it. If you held on you are not in a great spot and will have to add money at a lower price and keep playing or take the loss and walk away, but if you sold quick and bought back in lower, or still have your cash to buy in tomorrow, you strengthened your position and should be able to earn back what you lost on the next uptick if nothing else. If the price drops further due to panic selling, wait until 2 or 1 and by all the millions that you can. If it recovers and rises a little, decide whether you want to recover your losses and maybe even profit, or hold and go into the split and work it on the other side. Then if it stabilizes and holds or increases, you maintained your investment, if it turns down, play it the same way you would any other downturn. At least at 01 02 or 03 you have room to work with a downturn, unlike 0001. Just my opinion and how I would work it. I am open to the suggestions of others.
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