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To: Lucretius who wrote (419750)1/12/2012 8:24:37 AM
From: Jeff Jordan  Read Replies (1) | Respond to of 436258
 
....no one's perfect?<g>



It's no consolation after being nearly wiped out in Eagle Shipping, during the correction and plundering of this stock when they took it off margin thus forcing a forced liquidation of half my shares so the road back to break even is a long one for me. It's mostly just bad luck as I had two brief opportunities to exit the stock before the carnage. Over my two decades of trading I've hardly ever used margin but since my funds were being rapidly depleted for my fishing addiction and thought when they still had $100m cash on hand it was an easy way back to financial health once their market capitalization dropped to a certain level. Being a tough and hardened trader I chose not to take a small profit before earnings then later when I faced my first margin call I chose to wire more funds into my account. That morning while I was at the bank arranging the wire I missed my 2nd opportunity to exit. Thus, I fell victim to this stock manipulation, bad luck...that sums up 2011 for me.

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....I've registered for the final Central Bassmaster Open held in September on Ft Gibson Lake, Oklahoma because it's close by and it was all I could afford without financial support from corporate sponsors...fishing is a tough endeavor to break even in....but it is an illness you can't shake once you are infected by the lure of competition. I never give up, unless I'm being forced to....so much for living the dream? Even the American dream has become a fantasy for many because of greed and market manipulation.....I can't even sell my nice home in this broken economy to downsize my meager lifestyle because of squid like plundering of our economic base......It's just a matter of time before the crooks on wallstreet turn on themselves, then I will rejoice at their fates?<g>.......LOL, Booyah...why couldn't I have been born with a trust fund?