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Gastrodamas

03/13/10 11:10 AM

#172514 RE: BoilerRoom #172499

Happens everytime when there is a mad scramble. Greed at its finest.
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Zilla

03/13/10 11:16 AM

#172525 RE: BoilerRoom #172499

LIMIT ORDER only, MARKET orders are in the hands of the MM's and they won't let them go. I tried to get more at .10-.12 but I couldn't. Yesterday was a bunch of BS and I learned that to sell "during" a panic is a bad idea. As you have now experienced. There's usually a bounce and it was 150%+ from the bottom. I just watched until I saw it go up and then I tried to BUY,BUY,BUY. I held my shares and can't wait to vote at that shareholders meeting. I'd also like to vote for trial or settlement. As of now I'd vote trial and EXPOSE these CROOKS! However if the offer is our REAL VALUE+ and if the others I've learned from here on this board want to vote for a settlement, then I too will vote for it. I'm just so ANGRY, but some wine and a hot tub helped last night. (LOL) I didn't go out or want to be around others because...I was in a bad place and I have a tendency to rub off on people.

I am SORRY that you and others got caught in that panic. I lost my first 5k in the market,(guess what stocks) but I didn't give up. Yesterday I was down over 110k at one time. All I did was try to buy more, see that I couldn't and turned off the computer.

1) Never gamble/invest more than you can lose.
2) Never sell in a panic, or BUY in a frenzy. especially MARKET ORDERS
3) Don't give up. Learn, adjust/adapt, have a goal/plan and follow it.
4) KNOW what's really important in life.
5) Focus on the solution not the problem.

Where attention goes, energy flows.

It's only money, a means to an end. Focus on what really matters. Friends, family, health and a state of happiness. I enjoy my ANGER because it creates CHANGE. However I won't let it consume me. I use it like a tool.
Sorry if this seems long and preachy, but I have a feeling it may help others. :)

GO EC!!!
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MrGekko

03/13/10 11:58 AM

#172548 RE: BoilerRoom #172499

Just have your mom write a note to the broker and that should resolve everything. LOL
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oneinamillion

03/13/10 1:24 PM

#172649 RE: BoilerRoom #172499

Never, never hit market order in a fast moving market. RULE #1.