Replies to post #106863 on Value Microcaps Motherboard

[lentinman]

MSGI:

"Re: sell half on the double. All I know that is if we were able to SELL HALF ON THE DOUBLE IN PSL10, I would have made another half of the 104% gain the FRE made today based on my PSL10 purchase price."

I don't know what that is supposed to mean. You traded cash for FRE at $.55 (congratulations, by the way). There is no double down issue here. You apparently are arguing that if you had the ability to sell half on a double down that you would have traded for 2 positions in FRE, but I'm not buying that for one second. If you believed in it that much you would have double downed anyway - irregardless of whether you could break it up later.

Secondly, it is moot since FRE is a WC. You cannot double down into WC's since you can only have one WC position - not two.

Len