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To: Nizzo Nigrini who wrote (954)3/17/1998 5:21:00 PM
From: hoffy  Read Replies (1) | Respond to of 2232
 
>>>Hoffy,

By your own admission, you nullified a 70% an increase in share value and then you ask what the problem is. What kind of return are you holding out for?

I realize that you want to do everything for the 'right reasons' but there has to be a limit, no?<<<<

If I nullified a 70% gain it was only going to be made by a very select few in the group who sold at the high and bought at the low. The rest of the people would make somewhat less than that and then there would be a lot of people who would lose because they would buy on the run up and then get stuck after the stock price fell. I didn't nullify a 70% permanent gain in the stock. Just a one day event where some sneaky traders take money from other uniformed individuals.
I don't think I went far at all. just spreading info that everyone should be aware of to make the playing field level.
What if you bought at .60 and then watched the stock drop back to .40 only to learn that some group of traders made off like bandits with your money. Nobody likes to see that happen to them.
Happy trading