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LBTT...Anything new on this
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[QUOTE]Originally posted by STAR GAZER: [QB] Oops. I hit the wrong key, just call me clumsy. Anyway, fairy tales start out saying "A long long time ago", and this is a fairy tale stock. Not too long ago, when it was at .002 a bunch of us kept saying, please buy some shares at this price. As you may have figured out, I tend to buy stocks for the long term. I've noticed that a lot of people sell half their shares when a stock goes up 100%. I do a variation of that. When I buy a stock, such as LBTT, that I think is going to go up 10,000% or more I've always thought that it was silly to sell when it had only gone up 100%. I wait for it to go up 1,000%, and then when it looks like it may be slowing down for awhile, I sell 10%. That way I have my original investment back, + 90% of my shares. I also keep in mind things such as comming anouncements, momentum etc. so I may wait untill it has gone up way past 1,000% and then I have my original investment back + then some. If anyone bought at .002, the stock has gone up 700%. Some of you might be tempted to sell now. It did go down to the .06 range from here last week, but instead of selling all your shares, maybe only sell 30%. That way, you have doubled your original investment + you still have 70% of your shares. If any news comes out, the stock could take off and that way you will still be able to participate in its advance. And if doesn't go anywhere, you still have your 100% gain. [/QB][/QUOTE]
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