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Re: investorone post# 319

Thursday, 01/09/2014 8:00:04 PM

Thursday, January 09, 2014 8:00:04 PM

Post# of 2173
I still have a day job and can't post during working hours.

I do know of one person that is thrilled to get their bid filled. There isn't a thing different today than there was a week ago that I know of, and find it odd that anyone that would sell with so much to look forward in the future.

You may not have been around when the stock was at 9 and change, and a bunch of stock was relentlessly being sold all the way to 7. Earnings came out and the stock jumped above 10 and went straight up. There were 20,000 shares offered at $2 for a long time as well, and earnings came out then, and those shares were gone in 15 minutes or less. Obviously the sellers then, and I strongly believe the sellers now, don't have a clue as to what they are giving up. People sell for a variety of reasons. Need cash, margin calls, profit or tax selling, diversification, fear, a market maker decides to unload their inventory, or just don't know their facts. Or if you believe many, it's market makers shaking trees. Unless someone says here why they sold, we'll never know.

My goal is in the triple digits, and depending on what the company looks like then (and I am convinced that it will look much different and stronger then), who knows what price I'd be willing to let go.

Don't let the market scare you out. If you are financially able and willing to take risks, buy on the dips, and sell... never.

Good luck and enjoy the bargin.

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