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  1. dmo2424 is offline
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    03-16-2009, 01:49 PM #141
    sirius long hauler- if Fugo's 40k shares are bought in after losing "just a penny" as you say, (selling at .24 only to buy back in at .25) then to someone like him I'm sure the $400 plus commission loss is a bigger deal than you think. But if you are long term investor then you wouldn't sell in the first place unless you are able to play some on the side like COS does. This guy sold ALL 40k shares of his position and I think should feel nervous and regret if he claims he's in it for the "long haul"
    Last edited by dmo2424; 03-16-2009 at 01:53 PM.

  2. cos1000 is offline
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    03-16-2009, 01:56 PM #142
    Quote Originally Posted by dmo2424 View Post
    sirius long hauler- if his 40k shares are bought in after losing "just a penny" as you say, (selling at .24 only to buy back in at .25) then to someone like him I'm sure the $400 plus commission loss is a bigger deal than you think. But if you are long term investor then you wouldn't sell in the first place unless you are able to play some on the side like COS does. This guy sold ALL 40k shares of his position and I think should feel nervous and regret if he claims he's in it for the "long haul"
    I don't disagree with your assessment at all..... playing the side game is risky anyways, but without the tools it's just not, wise....

  3. Sirius_Long_Hauler is offline
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    03-16-2009, 02:01 PM #143
    When you woke up this morning, you probably would have been happy with .22. It happened to go to .25, it could have went to .30, nobody knows. It could have dropped back to .19 for all we knew. Did he make the "optimal" move? No. Is it the end of the world? Definitely not... how many pennies of loss have we longs rode on the way down? I don't expect to ride every single penny back up, but because I have averaged down, I just need to ride MOST of them.

  4. bananaz is offline
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    03-16-2009, 02:18 PM #144
    Unless you have gotten in and out at exactly the right time (like Chuch Lady?)
    I watched it rocket up to .25 today and was tempted to sell and re-buy lower but I am not well equipped or experienced enough to risk trying it. I have also averaged down and think I am right around my break-even point. I want to gamble on someone elses dime for a change. We've all been patient with tis stock and it is finally starting to turn around. Don't sweat the penny and get back in when you feel comfortable.

  5. relmor2003 is offline
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    03-16-2009, 02:19 PM #145
    Never sell your core position, which should be around 50% of your maximum risk at any time, for under fair value now. Ive ridden a full position for small periods when I feel risk is minimal, and reward has more upside than usual. What is fair value is up to you at this point. Id say .45 cents is a low estimate with current dilution. You should start buying your shares back immediately, but not all at once. Spread it out, see if theres a pullback, if not, at least your phasing back in.

  6. john is offline
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    03-16-2009, 02:20 PM #146
    Quote Originally Posted by Sirius_Long_Hauler View Post
    When you woke up this morning, you probably would have been happy with .22. It happened to go to .25, it could have went to .30, nobody knows. It could have dropped back to .19 for all we knew. Did he make the "optimal" move? No. Is it the end of the world? Definitely not... how many pennies of loss have we longs rode on the way down? I don't expect to ride every single penny back up, but because I have averaged down, I just need to ride MOST of them.

    I think what most are saying is that maybe he should have sold a percentage of his full position. Hell even I might sell half of the shares I got at .07 for .245 even though I was looking to get .28 for those. The point is did it go up alot, yes enough that it will have to come back down as you said who knows. It just ussually does with profit taking that happens all the time. As I have said before I believe not many of the people that are here before and now are going to be here at .5 and those new people are not going to be here at 1.50 and so on. It is going to take some major balls to stick it out through this. That is really one of the reasons I averaged down my self so I would have the shares to sell at times like this to keep the ones I got at a higher PPS

  7. Sundevil is offline
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    03-16-2009, 02:22 PM #147
    Here's hoping for .20 so I can get back in...lol...Did you buy more after selling at .18 last Friday, Long Hauler?

  8. Paratrooper_Rick is offline
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    03-16-2009, 02:25 PM #148
    Anyone else seeing all the 100 share blocks that started flooding through....?

    at .245

  9. xitvp is offline
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    03-16-2009, 02:26 PM #149
    Quote Originally Posted by john View Post
    I think what most are saying is that maybe he should have sold a percentage of his full position. Hell even I might sell half of the shares I got at .07 for .245 even though I was looking to get .28 for those. The point is did it go up alot, yes enough that it will have to come back down as you said who knows. It just ussually does with profit taking that happens all the time. As I have said before I believe not many of the people that are here before and now are going to be here at .5 and those new people are not going to be here at 1.50 and so on. It is going to take some major balls to stick it out through this. That is really one of the reasons I averaged down my self so I would have the shares to sell at times like this to keep the ones I got at a higher PPS
    Why does it have to come back down? This stock is undervalued....It may very well not come back down. It will waver fractions of a cent or a cent...but I'd be careful if you think this is going back to the teens....

  10. trippingthespeculatingpos is offline
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    03-16-2009, 02:30 PM #150
    my pred we finish at .248, and continue up to .30 tommorow.