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Microcap & Penny Stocks : IMMM ( I'm Mad Monk)

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To: Theo who wrote (1340)7/10/1997 10:37:00 PM
From: Theo   of 1480
 
TO ALL:

I've stated this before, but, I think it bears repeating;
It doesn't matter now, at this point, who was right and who wasn't. Those of us who got in early are stuck. To warn others to stay put until things pan out is sound advice. However, what are those of us that are already looking at 60, 70,80, or even 90% losses (on paper) at this point suppose to do? I will have to carry losses over from this year (and the next, and the next) if I sell out now. And for what? Pocket change? IMO, many of us have no real choice to but to wait it out. If that means a total wash so be it. The additional loss by selling (if it goes belly up) is moot. Let's face it, we're not talking a 15% decline and get out now while the getting is good. It's at the bottom already! This is the first "true" penny stock I've gotten into. I have to admit it's been a LEARNING experience! But, if we can just stick to news (good or bad) I'll be a happy camper. (well as happy as I can--all things considered). I agree with cAPSLOCK; I also enjoy hearing from everyone's viewpoint. But,I would hate to think we are going to start pointing fingers at each other out of frustration and lose the focus of this thread. Lets focus on Namx and get to the bottom of this first. {getting off soapbox....grabbing brew......organizing strategy for my next move..........Theo
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