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Re: Zacked post# 47308

Wednesday, 12/14/2005 6:19:20 AM

Wednesday, December 14, 2005 6:19:20 AM

Post# of 326354
Definitions.... Longs

Long
This is a tough one, as the reason for holding a stock is in the hopes that you can sell some or all of it in the future at a profit. Most would say that when you have sold your position, you are no longer a "Long". So this becomes a matter of degrees. For one to say that they are long on a particular stock is pertinent only to that individuals tolerance levels, and personal goals, which without a doubt will differ widely from other investors.

True Long
Probably is no such animal, but some may look at other's tolerance levels, and personal goals and feel that that person is not a true long. Another issue that some may feel would relegate one to the position of not being "Long" would be ones who trade in and out with either a small portion or with all their position in an effort to improve their number of shares. I think there is also the issue of "Believing in the Company" that comes into play with some's definition of a "True Long" Kind of like a "True Believer" in a church setting. Kind of hard to put your finger on that one as well.

So if one uses the term of "True Long" it suggests that there are indeed others out there that are not True Longs, and indeed must therefore take on the "False Long" moniker.

False, in this situation implies that a lie is perpetrated. Pretty harsh implications! Remember... all of us will one-day sell all or a good portion of this stock. It is all a matter of degrees. Some may swing in and out to improve their position.

I guess for me the only time I would say that the term of "False Long" could be applied properly and would be accepted by most as being a fair label would be when one states that he/she is long, but indeed does not even hold share in the stock. This would indeed be a "False Long" that everyone would agree that having such a negative description would be appropriate. The problem is... it is impossible to determine if it is true when someone states that they hold a position in a stock.

Long- Subject to interpretaion
True Long- Not neeeded
False Long- Cant be determined

Hopefully we can put such terms to rest.

Mena Mike