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Strategies & Market Trends : Turnarund Investing

NOVS 0.0666

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Aug 1 5:00 PM EST

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From: turnaround_seeker	4/25/2012 12:11:34 AM
	2 Recommendations of 1876

Bankbuyer.....just can't handle it. As an investor and a businessman I've been wrong and I've been right. Whats most important is I've been right more than I've been wrong. My decision to "average down" was the right decision for me, and to add to the decision to hedge my common shares with equal dollar amouts of preferred shares turned out righter than right. As it were, I converted 25,000 preferred shares (average cost 1.50) to approximately 400,000 common shares that I still own today. Some miscreants say thats INCREDULOUS!........... I think differently. Richard Morris aka Rooky Va. Beach,. Va.

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