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Harry Winston

03/23/18 9:49 AM

#46173 RE: RussTheBus #46163

Harry, your avoidance of the concept of liquidity is evidence enough of your experience. Liquidity is just about the most important thing in stocks.



Liquidity can be ignored by any investor who has the discipline to use limit orders for his trades. My personal investing discipline allowed me to buy my shares at excellent prices. I was able to buy 10,000 shares recently for a price of only 4.1¢ each.

The lack of liquidity doesn't stop me from selling my shares at good prices, either. I can place a sell order at any time for those same 10,000 shares at a multiple of that 4.1¢ price. I have the permission of the SEC and my online stockbroker to do it. The only remaining requirement is more discipline, which I have in abundance.