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MTM

04/23/14 12:36 PM

#23334 RE: pennypicker42 #23333

Trade as you deem proper to prosper.

terry hallinan

04/23/14 3:01 PM

#23335 RE: pennypicker42 #23333

Hi, Pennypicker.

I'm confused I sold my 10¢ shares took the write off and replaced them after a wash wait and a few dips.
With that and lucky timing I've stayed better than even.
Is there a reason why I should have just held my shares?



Not unless you wanted to frame and hang the old shares somewhere. :-)

Now if you had sold VRML shares for a nickel the day before it went to $17/share in 3 hours, you might have been a bit unhappy.

The folks who somehow managed to lose money during those three hours sounded even angrier. There seemed to be a lot of them from the noise on the message boards.

Over a longer term of a few weeks, the stock went from a penny to $28 and is now somewhere around $2-$3, still a nice jump from a nickel or a penny.

This is not just a story that I read about on the internet but one I am very familiar with. I could go into a lengthy dissertation but what happened is that VRML infringed on patented IP, was driven into bankruptcy as a result and then somehow managed to get FDA approval of its biomarkers with volunteer help and donations.

The latter day problem arises from a CEO who was not sufficiently appreciative of the volunteers but the company is alive and it was all but dead.

The infringed party?

I won't go there. That is an absolute disaster. They abandoned the goose that laid the golden egg and are little more than a zombie.

I think, hope, pray that CYPW is not just a zombie but signs of life are yet faint.

The moral of the story is that one should decide whether they want to be a trader or an investor. It is damnably hard to be both.

All JMO.

And congratulations.

Best, Terry