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timmyjames

05/21/10 7:53 AM

#124152 RE: JDLewis #124151

very good point, and that 500k day had like what, 55% short?


all smoke and mirrors, still
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jetpilot1101

05/21/10 7:54 AM

#124153 RE: JDLewis #124151

Excellent post! I couldn't agree with you more. I'm new to the FLD process and you are right, this is the sucky part. But patience is a virtue and will be rewarded.
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Maestro208

05/21/10 10:11 AM

#124209 RE: JDLewis #124151

I agree, JD! A most excellent post about CDIV.

This is EXACTLY what the longs have been predicting and warning everyone about for months. The pps has been walked down in order to discourage shareholders to sell. Many of us, myself included, have not been here very long and we are seeing prices at well below our entry points. BUT LOOK AT THE VOLUME. Over the past month we only had one day above 500K. There is no mass exodus, no big sell-off. We are in the midst of a bear shake and as for me, I will be riding it out. If I had the funds I would be buying more. Don't allow yourselves to be manipulated into selling. You want to make a profit, right? Personally, I'm sitting on a .48 avg price. When pps returns to this price I have no intentions of selling. I'm sticking around for the days that the MM's finally decide that they want to cover their short positions
. I will sell for dollars, not pennies. Everyone needs to do what is best for them, and I am the last person to give advice. I just wanted to give my opinion
and possibly calm the frazzled nerves of others who are in the same position. If you believe in the FLD process, then understand that this is part of that process. Not the fun part, but a necessary part. GLTUA!