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Re: scarednomore post# 5705

Wednesday, 11/30/2005 7:59:03 PM

Wednesday, November 30, 2005 7:59:03 PM

Post# of 45771
scarednomore, If I were you I wouldn't bother to make an opportunist understand the solid principles of investing based on one of the most important aspects of a company operations: fundamentals. The current scenario is a good one for those who trade on potential of a Pump and Dump, and a quit buck. That is what CDEX is about as it stands now. But solid and sound investment is a big risk at this time. Some time ago I said that CDEX will need to have at least two years of sales, revenues, profits and good management history before even being looked at by any serious and/or institutional investor. Other than that, only those who manage to have playing money to enter and exit on a consistent basis can make money here. And those are only an insignificant fraction of the 35,000 current shareholders. The rest will have to wait a couple of years and, if ALL goes well (which unfortunately randomly does), have a chance to recover something.

I respect your wisdom and insight. You speak out of your experience and knowledge.

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