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contractor10940

05/19/09 10:27 PM

#72655 RE: Bizreader #72654

gotta be in it to win it

ABIGIDIOT

05/19/09 10:41 PM

#72658 RE: Bizreader #72654

biz, i have to agree with you on most points here...

but, i will tell you something, that i think not many of the posters here stop to think about, and that is cost basis.

theres a lot of shareholders that have owned pre-seizure. i am one of them. did i average down?? sure i did many many times.

but realize, some didnt. and sure, its also easy to sit here now... however many months later .. knowing how the stock has done on a daily basis, and say ... " well why didnt you avg. down"??

of course you know where i am going... it takes some guts to throw more "good money" at a stock that is wayyyyyyyyyyyyyyyy down in the pennies, and hope beyond hope it ressurects itself.

hell, we truly dont even know if thats gonna happen here even do we? theres many investors who believe in the school of thought never to average down.. never throw good money after bad. will it work here, i sure as hell hope so.


i'm merely suggesting that not everyone is in here at a penny or two, or three.

old_schooler

05/19/09 11:16 PM

#72670 RE: Bizreader #72654

Hey reader, without looking at a chart I'd venture a guess that today's steady push north on light volume indicates market satisfaction with where this brand is headed.

Unless fire balls drop from the sky anytime soon, I would expect more of the same accompanied by normal pullbacks with an advancing pps.

Personally, I plan on holding and seeing how this rides out.

GLTY