Replies to post #2129 on First China Pharmaceutical Group Inc (fka FCPG)

[Red Hackle]

The facts are no more than each individuals assessment of the same.

Before you showed up here, I had outlined fairly extensifly my raesons for being in this stock.

I use only, I repeat ONLY, 5% of my portfolio for purely speculative penny stocks like FCPG. If I lose that 5% which is scattered amongst more than one speculation, it will have absolutely NO impact on my life whatsoever. As I have also stated here, I bought FCPG at $.90 last year and thanks to Tobin Smith's pumping, I got out at $4.80 last DEC. I then placed a new order to come back in at $.80 and have been buying on subsequent dips since then.

I equate speculative stocks with my love/joy of horse racing and whilst I lose about 70% of my bets the other 30% make up for it. Besides that, I love the racetracks and in addition to my local track, I have been to all of the great ones in the world many times.

This STYLE, if you can call it that, of speculation, is mine and mine alone and I DO NOT recommend it to ANYONE