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Re: appreciative wavoids buying at 70 cents

By: Cactus Flower in ALEA | Recommend this post (0)
Wed, 27 Jun 12 7:34 PM | 77 view(s)
Boardmark this board | The Trust Matrix 		Msg. 08647 of 54959
(This msg. is a reply to 08644 by Down And Out Man)
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To be honest, I am rather disgusted by the attitude expressed volubly elsewhere that we should be happy at the opportunity.

The opportunity is had at the expense of THE VAST MAJORITY of owners of the stock, whose shares are practically-speaking now worth very little.

Looks a bit different when you look to the future and find happiness in the misery of the decisions made by today's purchasers.


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The above is a reply to the following message:
Re: appreciative wavoids buying at 70 cents
By: Down And Out Man in ALEA
Wed, 27 Jun 12 7:19 PM 		Msg. 08644 of 54959

You should just buy now at sixty eight cents. Then, next year if WAVX is higher, you can brag about your investment prowess. If it's lower, you can just disappear. Or applaud the new, better buying opportunity to add to your holdings and average down.

***

I agree with you that the market, especially on these low visibility little stocks, can be quite inefficient. But, over time, the diamonds are plucked from the rough. There still doesn't appear to be any big boys even starting to look for any diamonds in this rough.

Things are good in Lee, though. The word just hasn't gotten out yet.

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