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Nowak488

10/08/15 11:37 AM

#28256 RE: dsully64 #28254

There you go... it's 100% okay to trade and to admit that you do it. I've never understood why that is considered a bad thing.

But, for the ones who didn't sell before the CC, this isn't a great situation. I buy shares hoping I never get the chance to average down.

It just works out that a lot of times the people thinking everyone for those shares say they never sell any of the shares they bought (our beach friends come to mind). In that scenario, how is this a good thing?

It is what it is, but I'm ready to go in the opposite direction as I took the opportunity to average down in the 70s.
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CMass

10/08/15 1:17 PM

#28259 RE: dsully64 #28254

Too many traders and just a few longs, that's the result of such a disastrous managment. If someone is not in deep red at these levels, excuse me, but that person hasn't been here for too long or is just a trader that call himself a "long". We are trading in the low 50s, did you buy all your shares at 40s? Please! No one is asking for people to give up, we are asking for the managment to do the f right thing. It doesn't matter how many sales they make as long as those millions of millions of converts are 0.08 are in place. But you know, BL and MG have no plans to get rid of those. Acting like slaves of DM.