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folkie51

10/25/06 1:44 PM

#29324 RE: stevo51 #29318

Nothing wrong withthat. profit is profit. You have an itchy trigger finger and I do too. But I happen to be long on this particular stock . You are a mod here and for you to broadcast that you're thinking of getting out could throw a blanket on a lot of enthusiasm here. If you need some of your money for trading everyone understands. I'm not calling you a pumper,but a lot of people are on this board simply because they believed what they heard from you and your excellent dd.
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going-for-it

10/25/06 1:44 PM

#29325 RE: stevo51 #29318

Stevo51 flipping is most often the smart thing to do but flipping when the market isn't there, will imo only allow you to release a small amount at a profit while moving the PPS in a downward direction very quickly so waiting for the market to be there is best.

P.S by the way remember the MM's know how we feel better than we do and capitalize on it daily, they will force some to sell short as the pain in the stomach grows!

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ThSeeker

10/25/06 1:49 PM

#29327 RE: stevo51 #29318

Well it is one way to make money on it. The other way was what you were intending HOLDING. Only problem is the pain that must be endured along the way, in between each leg up.
If one is good trader you can make good money trading but most are not that good or everyone would be a daytrader. But the statistics say only a few % of daytraders are successful over the long haul. In the case of ATWT I think those buying a boatload at this price and holding a year or so will make more money than 90% of those that try playing the swings as it goes up. I think holding could very well result in 6000% (assume .30) or more. Tough to do trading it.