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conix

10/25/11 5:28 PM

#4836 RE: Cast Iron #4835

Averaging down has served me well, thank you very much. Trading this chart since the beginning of this year has been a money maker for me so far. First buy was .003. Maybe I have been lucky.

That said, I would not be surprised they have sold some shares--any company not yet profitable has to sell shares to get things done. We will see in the next filing.

GLTU
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Prudent Capitalist

10/25/11 6:15 PM

#4838 RE: Cast Iron #4835

I could not disagree with you more Cast. And, there is a big difference between someone painting the close with a tiny little BS $10 trade at the Ask, and what occurred today, which was someone getting a partial 45,000 share fill at .09 with the remaining portion of the order staying as the bid at that level.

I have conducted plenty of DD here, and have followed and accumulated my sizable position in CTYX over the past 10 months. I only suggested to gm, who frequently bemoans his avg. PPS and the length of time it may take to get out whole, that he might want to average down.

Thanks for sharing.