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Re: Mike2112 post# 8187

Thursday, 12/22/2005 3:05:06 PM

Thursday, December 22, 2005 3:05:06 PM

Post# of 79921
Mike2112 - Not really hung up about the profit numbers. I totally understand that it is an great purchase for us and a piece of hopefully a huge puzzle for you, me and everyone else involved over several years (sooner the better). It is the manner that it was presented to us that causes the problem for me.

Perception is a piece of the puzzle for our PPS too. If investors do not feel that management is totally forthcoming, part of that will be reflected and those of us that looked beyond it will suffer. The more seemingly misleading information that is released, the longer we will have to suffer.

I am not going to lie. I want a big pop soon. I want to sell 20% or less to cover my position and not have to look at the PPS for years. The plain truth is that just like any other pink sheet, it is risky. We all know that, we all have gambled and lost in other places.

What I have learned in dabling below the high cap stocks is that you MUST adhear to your exit strategy. At least 50% of my investment losses could have been avoided if I had done just that. The other 50% is just poor DD on my part.

Ok, Ok....I did just lie. I do not know if it is a 50/50 ratio, but it was the point of it that mattered.


Regards,
Fizzlegig


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