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To: cicak who wrote (9154)11/4/1998 11:31:00 PM
From: REW  Read Replies (1) | Respond to of 44908
 
Phil,

When the concept of the Card is finally understood and CDs are taken as a by product, the earning potential of CCI begins to overwelm. The world wide impact of the marketing capability of the card is mind blowing.

Let the daytraders have their fun. They lose in the end.



To: cicak who wrote (9154)11/5/1998 1:05:00 AM
From: E. M. Edds  Read Replies (2) | Respond to of 44908
 
No, I'm not talking about daytrading. Rather, it's what we call "lunch money investing." Say I have $10000 in the bank, but I know I'm going to need it over the next 4 months. Often on SI, members of a thread through DD find out about future PR's etc. before the general public. Knowing almost unquestionably that the share price will increase (from these pathetically low levels), I take my lunch money and invest it. When the news comes out, the stock price reacts (say it goes up 100%), I sell out to regain my $10000 and have more shares in my long term holdings. If it weren't for the fact of knowing the news that is coming out, I otherwise would not have invested that money (thus, the difference from day trading).
Realize, this is risky, as I will need my lunch money. But in situations like these, for me it's worth the benefit of gaining long-term holdings.