Replies to post #69301 on Copper King Mining Corporation fka CPRKQ

[RDG013]

Well web, already know your hopes for this, but thanks anyway. Actually, the percentage or amount down you are in a stock has nothing to do with selling a stock for a tax loss. It is all about having gains to offset for tax purposes and then weighing the risk/reward potential of making the sale.

[capted]

webtime, Totally Correct Post I am glad that someone on this Board Knows what they are talking about. Webtime, your post is painful for the longs, but it is correct.

The Company is in Bankruptcy. It will never bounce back enough ( if it bounces back at all. ) for the longs to recover very much of their investment in this POS.

I truly feel sorry for them losing their shirts, but there comes a point in time when you have to cut your loses. I am not telling you to sell your shares. That is a personal decision. What I am saying is think real hard before you dump more money down the drain by buying more of this stock.

Just my personal opinion

[BubbaKC]

Thank you Web for letting me know I am not a "smart" investor. I guess disagreeing with you makes me dumb? Boy or boy do we have a bunch of dummies on this board!!! LOL!!!!

All this time I thought an average 27% gain on all the rest of my stocks was pretty good. Then again, I am kind of new at this and I never claimed to be smart! I guess your comment shouldn't come as a surprise, thanks for setting me straight.


As for the rest of us dummies....I agree the next few weeks will be exciting....one way or the other.

Good luck to everyone!