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Mojocash

07/08/09 8:26 PM

#22027 RE: goldstandard #22024

Long and strong! If we have another dip, I'll add to my monsta!
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SOROS

07/08/09 9:27 PM

#22032 RE: goldstandard #22024

100% TRUE STORY

Bought $23,000 of a stock when it was tiny and just starting -- during the first 2 years. Held it for 3 years. On one of the spikes, I got impatient, stopped thinking about all the reasons I bought to begin with, and it popped one week, and I found myself up three times my money. It started to sell off, and the negative talk began about all the "what ifs." When it got back on one of the drops to 1 and 1/2 times my initial investment, I bailed, went on, thinking I made some decent change.

Flash forward a couple of years. I had long forgotten about this company. Forgot I even owned it. Was sitting watching CNBC when the commentator said something about the company. I recognized the name, but the ticker that went by was not the few cents I had paid per share, but $50+. Quick thought was, "NO WAY that's the same company."

Ran to computer and saw that the company was now on the AMEX, had split 2:1 one time, and it was the very same company.

Ran to old brokerage statements to see how many shares I had owned, because I could not remember. Was praying it was only a few.

Cold sweat formed, and knees almost buckled.

My $23,000 would have been worth $6.7 MILLION.

While I'm not claiming EXPH will go to $50, I do think the percentage return could be as great, and I'll be DA*N if ANYONE is going to worry me, logically talk me into, or in any other way make me sell out for chump change before EXPH has a chance to just become a real, growing, solid company like the other one did.

I knew the other President was knowledgeable in his area, had a logistical advantage over everyone else in their business, and was a hard worker. That's why I invested, yet I let emotion make me sell.

Even in down markets, the most successful investors always say, "You buy the company, not the stock."

Well, I've bought EXPH for JD and company to deliver good on major positive goals. We are, IMO, moving quickly, much faster than the other company, toward those goals.

AND I'M GOING TO BE THERE WHEN THEY ARE ACHIEVED! AND I MIGHT JUST BUY THAT $200K CAR SIMPLY FOR FUN.