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dcjr4107

11/15/07 12:42 PM

#104759 RE: carl405040 #104757

Great give me your anaylasis of your PPS valuation?

I would love to hear it!!!!!!!!!!!!!!!!!!
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Dr Wonderful

11/15/07 12:44 PM

#104760 RE: carl405040 #104757

I can wait until 2011 to make a few hundred grand,

2,500,000 shares.

1.7 billion A/S. Let's say a 100:1 RS, brings us to 170,000,000 A/S. My shares are now down to 25,000.

PPS is at .01 at the time of RS, brings it to $1. Revenues and expansion though 2008, bigger investors come in 2009. Stock goes to $2, 2010 things go well, stock goes to $5, 2011 stock is trading on Amex or Nas over $10. Now I have 250,000.

Not too shabby. If you can find me a mutual fund that will turn 25,000 into 250,000 in 4 years please let me know!
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mwfox

11/15/07 12:46 PM

#104761 RE: carl405040 #104757

It isn't true that averaging down is "ALWAYS" a mistake. Sometimes it is a mistake, and sometimes it works out very well. The only way to know is just to watch and see where this PPS will go. I hope we will at least get another run in sometime soon.
GLTY, IMO
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dcjr4107

11/15/07 1:00 PM

#104771 RE: carl405040 #104757

Average down with the right stock is ABSOLUTELY


the right thing to do!!!!!!!!!!!!!!!

you have your trading methods I have mine :)
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xanadu

11/15/07 1:02 PM

#104772 RE: carl405040 #104757

carl, simply wrong. Averaging down is not ALWAYS bad. I had shares bought at .0295 and have averaged down, with little problem or additional investment, to .0116. My chances of getting back my investment, totally, as well as a possible profit, are considerably better at .0116 than when shares were bought at .0295. Obvious.

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bwalk63

11/15/07 1:07 PM

#104777 RE: carl405040 #104757

carl here here!!! nice post, this was pumped and dumped just like the rest, it is not rocket science, I remember how many pumpers called me a fool when I said that the run was over at .035, and then again when I said .005 when it was at .015, and then .001 when support at .005 fell, fools and their money soon part