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TheInvisibleHand ™

10/10/08 10:40 PM

#2729 RE: langlui #2727

Here s the thing, I took a position in Caei
my average is around 4.20, the stock traded on bs market manipulation on light vol to 1.89. I walked away, knowing that caei is worth over 9 based on fundamental basis, i simply will not sell cheap. So i think instead of focusing on short term, im looking for real solid companies, that will continue to grow even in a slowdown and buy them cheap. There is no doubt in mind, at some point caei will return to over 10. So i got a ok average, only 900 shares were traded at 1.89 and very shares were actually traded under 2, look at the tape. However a perfect hammers was formed. So what if i panicked and sold in the 2s, i would of been f-ed. Taking a longer how bad would i have felt if i sold in the 2s, and 3 -6 mos the stock was trading over 10+. In this market there is lots of panic, but this panic can provide great opportunities, but you got to know your investments and BE SELECTIVE.


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TheInvisibleHand ™

10/10/08 10:43 PM

#2730 RE: langlui #2727

Lang how do we remove 2721 2722 messages
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Cebu_4_2

10/11/08 12:31 AM

#2736 RE: langlui #2727

Zero on these plays in this market... didnt place stops in the beginning because I kept getting stopped out. If I knew (hindsight) I would be able to buy 2x as much in a week I would have.