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Re: Johnny4profits post# 97844

Thursday, 01/31/2013 10:41:05 AM

Thursday, January 31, 2013 10:41:05 AM

Post# of 119177
You make a good point. However, everyone has a different investing philosophy. We all have a goal of making money in the end. How we get there is an individual decision. I don't agree that someone elses investing decisions are wrong just because they are not the same as yours. The story of the tortoise and the hare comes to mind. Who won the race in the end? The race isn't over in this stock. Let's let each make their own investing decisions without criticizing others. I have never been a flipper. I would call myself an investor. However, I have thought about what you just described as a valid investing technique. I have not done it because I want to sell and be taxed at capital gains rates instead of regular rates. However, I also have a Roth IRA that I could buy and sell in with no tax consequences. Even though, at this point, I have not flipped, I see nothing wrong with it. As I say, in the end, investing is about making money. It will be interesting to see, in a year or two, who makes the largest percentage gains.Hopefully, we can all share some good times, all of us, in the future. And in the meantime, encourage and help one another achieve our goals. One of my goals-pay for 100 water wells in Africa so people can have access to clean water. My best to you and all, GO HLNT, Jim