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To: Qone0 who wrote (1322)12/5/2006 7:56:30 PM
From: rrufff  Respond to of 1521
 
Great advice, simple and to the point. I've found what you say to be true during good markets and bad and I always have something that is moving, which creates opportunities. But it does take discipline and hard work and a determination not to be swayed to buy at the tops, when everything looks the best, and sell at the bottoms, when everything looks the worst.



To: Qone0 who wrote (1322)12/5/2006 8:26:31 PM
From: im a survivor  Read Replies (1) | Respond to of 1521
 
Awesome post...

100% gambling....buy low, sell higher in stages......

very well said, imo....all very good points....



To: Qone0 who wrote (1322)12/5/2006 9:49:39 PM
From: Jeffrey S. Mitchell  Read Replies (1) | Respond to of 1521
 
Robert, OK, if you want to say that a recycled shell means the company doesn't technically go out of business, I'll buy that. The rest of what you wrote is actually quite refreshing. Shame the others that agreed with your approach didn't write it first.

As for the impact of shareholders on the share price, certain people wouldn't be starting so many threads on message boards if they didn't think "talking" about a stock helped. Nice to hear someone essentially say that what a company actually does merely provides a nice alibi when in reality it doesn't matter so long as you are fortunate enough others piled on after you.

I hope your post gets lots of recommendations even if we are on opposite sides of the fence.

- Jeff