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suprabiz2

03/26/10 11:31 PM

#180744 RE: rickszy #180734

I have been saying since 3/12 that I sold all my commons and bought some preferreds because I believe there won't be any recovery for the commons. Preferreds is still the surprise here, their value is contingent on how much is left after all creditors are paid. Millionaire dreams are just dreams, need to learn to wake up when it is time to wake up. All those 3x8s are simply too good to be true.

And holding til death is not the best trading strategy lol. Sometimes it is necessary to salvage whatever you can before a total loss.