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the big guy

02/22/09 12:43 PM

#19174 RE: Netman #19173

I know how to read, can you prove your point in any way?

How is this statement true?

ONE MORE TIME - IF Anyone actually followed your advice on the morning of the 18th, and sold either on the 18th, or the 19th, or the 20th...

THEN - They would have Sold their right to RECEIVE Matching Tapcode Holdings, Inc. Shares (upon the 20th distribution date) for the amount of uWink Shares that they Sold. - That's a FACT Jack!

Prove it.

As for the rest of it... your trail of flame is likely to burn your lawn.
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the big guy

02/22/09 1:02 PM

#19175 RE: Netman #19173

I simply said this:

TBG Now Says: "If someone buys past the Record Date (the 13th) they are not entitled to receive the spinoff shares..."

to point out the reason for the price fall and to establish the correlation. This was not obvious.. hence my statement that the shares are worthless is all the more true now. Whether or not I was agreeing with you is no the point. Only you would focus on that. Like I said in my post, you are not seeing the big picture. You continue to invest your hard-earned money in this thing, and it continues to fall. You spinoff shares cost you 80% of what you put into it, with no return for years.

and this is classic:

(your capital Gain calculations on a LOSS post [LOL] was a great example of BS)

Right. Obviously you only know one way to play. You go for it, Buy, continue to buy, and wait until you are in a position where you have a capital gain and then sell. Well that is a beginner's approach. I was simply laying out a strategy to come out with some cash and a useful tax loss. If you understand those kinds of strategies you are nothing but a simple beginner. You have no idea how to trade.

My BS is good advice for those who will listen. I don't post too many other places because I don't need to, quite frankly.. since this was my first big score, I like to try to save those here from getting themselves further into this sinkhole.

Good luck to you.
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Rawnoc

02/22/09 2:08 PM

#19177 RE: Netman #19173

Did you get your distribution shares?
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the big guy

02/22/09 6:02 PM

#19198 RE: Netman #19173

I can give you an example of when I have sold on an upswing on a loser stock, in the process accepting a loss. I believe this is what you are referring to below with your statement:

(your capital Gain calculations on a LOSS post [LOL]

I think you are talking about this post:

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=32303193

Well I used this to perfection March/April in the case of AirIQ (IQ), which trades on the Venture exchange here, or maybe it is the TSX. Check out the illuminating chart below:



I got out of a situation where I was down several thousand dollars and accepted a $300 loss. Not bad.. I would say.. The thing went up on some news that had no LR impact, I sold the damn thing and moved on. It is a good strategy. Look where it is now...