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Strategies & Market Trends : Turnarund Investing
NOVS 0.0666-16.0%Aug 1 5:00 PM EST

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To: batman10023 who wrote (1100)5/11/2012 10:44:37 AM
From: KirbyJF1   of 1876
 
Hi Battie Who cares about past trades- the only reason I did that was to show bankbuyer that what happened in the past is only helpfull for ones trading style in the future. These boards are good for only one thing & thats to get others feed back on ones idea's & for Gods sake due your own due dilly to see if the investment fits your investing style for Risk/Reward. Turnaround investing is very dificult & one needs lots of capital & nerves of steel. If you can't stand a position to go against you for a time being, put your money in a savings account. My portfolio expands & contracts from 10 stocks to 50 depending on market conditions. Yes I sell and take profits on stocks & yes I harvest losses from time to time depending on timing factors for tax purposes. I hope we can all get off this bashing crap on NovaSTAR- If you like it BUY it. If you don't like it SELL it or SHORT it. You asked me about another possible turnaround I like & its a Tech stock- Tech is out of favor right now so it has winds against it. Picked up a few hundred shares of FIO yesterday at $20.80. VERY VERY interesting . Look at the quarterly !!!!!!!

Kirby
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