Replies to post #777182 on Fannie Mae-No Politics (FNMA)

[trunkmonk]

I can point you to a good english grammer teacher if you like????

[Louie_Louie]

Boy man, you really are challenged in thought. People wanting to make money on a stock WHEN THEY SELL want that sale at an increased cost basis., said no one ever! They want to sell the absolute cheapest they bought (low cost basis) at a higher price later, that's why an investor dollar cost averages and sometimes sells high cost shares, to lower their cost basis. The JPS crowd wants a higher price to unload their higher priced shares in the hopes of buying them back when LOWER, hence, they lower their cost basis.

Of course, you are probably buying on the way up and selling the high cost shares cheaper, on the way down. Lol, this explains a lot!

Now wonder you can't make money on this. Your math you think 2+2-2=6

[Louie_Louie]

Let's say....If you owned JPS shares at a cost of $12, you would try and pump to get the current price of $2-3 back up to 12, Why? so you can sell those HIGH cost basis shares. Then you'd want the cost to go back down so you can buy in cheaper and maybe more shares (lower your cost basis) in the hopes at selling later on at a higher price. Or in the JPS clown posse thinking, so you can get a mega common share conversion.

There are many like GB, who most likely have higher cost JPS shares they bought early on (high cost basis) and they are dying to off load those high cost shares to buy cheaper ones (lower their cost basis). If you are following them, then you will be a bagholder if their pump and dump ever works.

Is this simplified enough?

[LuLeVan]

Misconception 2.0

"...increase the average cost basis..."

What I meant was the average cost basis of all JPS recently bought by all holders/traders, referring to your previous posts.