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Re: igotthemojo post# 48480

Friday, 10/05/2012 8:51:42 AM

Friday, October 05, 2012 8:51:42 AM

Post# of 278195
Mojo,

As I am sure you know, the recent shareholder letter from Kim was not published six months ago. I feel the letter makes it quite clear that something big is coming in the "near term," as Kim stated.

Therefore, I am giving Kim the benefit of the doubt and extending
"near term" as far out as six months, although I am thinking something will be announced before then. So, I feel very confident in my statement that we will all regret not having purchased more shares once a deal is announced.

You state, "anyone wish they had bought more back then?...lol" I do not consider investing to be a laughing matter.
As I have said before, it is impossible to know what price to pay for ANY stock or when exactly to buy. Therefore, to minimize that threat, one should space out purhases.

This procedure is called dollar cost averaging. I have been buying all the way down so that my average is less. I bought more yesterday, and I will buy more today. I plan on continuing my buying until a deal is announced. That is my plan. What is yours?


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