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Re: Optimistic Trader post# 16080

Wednesday, 11/06/2013 4:26:33 PM

Wednesday, November 06, 2013 4:26:33 PM

Post# of 235061
On balance, a good day. Here is the only way to look at this. Why in the world would anyone bail now? at 0005 or 0004? or for that matter in the 000's period. You sell high, and buy low. This is a great entry point, great accumulation point, and great place to average down and lower your cost. Knowing all that we do now, why bail at all? What do you have to lose by sticking around? If the company does not perform over the next 6 to 9 months bail then. The price is not going to be much loser than it is now. On the other hand, if it does and the price is significantly higher, and you are not in YOU LOSE big. You got to stick around to mid-2014 IMO before you know anything. And if it works out, where are you going to put your money now to make up the % gains you would have lost out on by bailing? I will answer that for you. Nowhere. Smart money is accumulating at these prices because the risk is almost zero and the potential return is very large. End of story.