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Garyst

02/15/11 11:04 PM

#20747 RE: hotrod34racer #20742

You are A+ for stating that on the Board so we know that when we read your Posts. I seriously wish you all the best in day trading. It can either make or break someone. You have to be real good at it.

If you have a minute I would like to give you some advice. Here me out and make no judgement on me. I once did the same when I was in my early 30's. I was in the hype of the "Dot com era" and all the IPO's at that time. One could literally not lose out. A newly issued IPO would always gain some 1-200 percent on its first day of trading almost guaranteed. I invested like crazy. I would go out and mow the lawn and come back in to check things and see that I made say $12,000.00. It went on and on for a time. Then, one gets greedy and invests more thinking they are good at it. What I am saying to you is that it may not work. If it does, awesome for you. There are many up days in day trading and many down days. I am just telling you that after the fact (my instance some 3-4 years) you will look at the totality of everything and you may be devastasted. Then again maybe not. I literally was up some $500,000.00 at one point and I not ashamed to say that I currently have a loss on my taxes of yet $189,000 of which I can deduct $3000.00 against my income. What I am saying to you.... When it works it is great but PLEASE do not think it always will and you can end up losing a ton of $.

I know that you recently posted about the Hospital visit and the Baby which leads me to believe you may be younger. Please, do not get caught up in day trading unless you have the means to do so as it can destroy your life.

I'm not being negative or anything else. I am just giving you some advice from experience. Good luck and go LKEN!
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propennypincher

02/15/11 11:37 PM

#20750 RE: hotrod34racer #20742

I didn't mean to reply to you! haha sorry man, I'm also long here...i was just throwing it out there because with a stock this highly popularized, gotta make sure investor sentiment is in check