Pau: not looking for respect or friends here
posted on
Nov 16, 2007 04:14AM
There are obviously some empty folk who need this stock to
perform in a way that no other stock has ever perfomed to give theri lives value.
I purchased my first shares at 3000 shares in the early years of this century and sold most above 4 dollars when it jumped to 7 but watched the remainder fall < 4 cents.
I was lucky ebough to accumulate 100k at 4 cents and more
around 8 cents
to where by decemner of 05 I had a total position of 312k (personal and IRA/401k combined) shares,
All of that stock was sold on the way up in pieces but none over 1.30 I now hold over 150k (split 80/70 betwen long and short term strategies) shares at an avg price of 48 cents atfer a
number of trades in and out
This stock has helped me pay for over home renovations 2 cars and
other luxaries.
I will never invest more than 5% of my net worth in any one asset
and deplore those who advocate recklessness and irrationality.
I use these board purley for my own selfish reasons, as I have noted I
have ADD and tend to make impulsive decisions,
Thinking out loud on these boards
helps me and I will continue to do this regarless of whether I am
in the mailroom or
the exective suite
As far as friends and respect, well I am lucky enough to get that from
my family, my existing friends and my clients.
I realize that this trade can be worth zero on a moments notice and even more so since lightening does not strike twice in the same place and because I am schooled in economics and finance I tend to think a 2 dollar target is not reasonable . But I think I
know the patterns here and it pays for the extras and keeps me away from vegas where I get carried away ( once plaid 7 card poker for 23 hours straight :)
So while I recognize your comments were supportive of me, I would note that it is not what o am seeking
and that I do not care to gang up on a liitle old lady and her dog.
Where I come from just the fact that she's attained mmemebership in teh
spetuganarian club is reason enough for me not to engage her in battle
Now for teh rest of you BRING IT ON!!!!!
Cheers and good training.