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Microcap & Penny Stocks : TSIG.com TIGI (formerly TSIG)

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To: Sean Rieber who wrote (8589)10/22/1998 9:38:00 PM
From: Dixie7777  Read Replies (2) of 44908
 
Greed is when a stock has a fundamental value of $5, the market thinks it's hot and has it pushed up to $12 and an investor is holding until it hits $15, only to see it go to $14 and then plummet back to $4.

Sean, what you're talking about is when a stock has a fundamental value of $56, and has been trading at $2, and begins to climb to $7 then to $8 and most of the daytraders get a big bang for the buck as they sell, only to watch as it continues to climb all the way through $60.

While they made a buck, they didn't do any proper due diligence and really left a small, if not rather large fortune on the table.

That's not called greed, it's called stupid.

Rich
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