In Chapter 7 BK

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Message: Moose

...ah another trying to save us from ourselves....very admirable.....

Seriously tho...there are many different types of investments and ways to play micro stocks....

A while back FGD was a good choice for a Long term gamble....now it has moved into a different place....it's a bankruptcy gamble....and money can still be made here.

I am sorry for the Longs and the situation that they find themselves in today....I still regret that I hold quite a few bags that I've accumulated over the years....would have done it differently with what I know now.(be prepared to lose a bit and bail out when a stock breaches your comfort zone)

It is sad the way things have gone for FGD.....but look around....many micros are in the same boat, simply from what has happened in the markets over the last 2 years. I think the TSX and -V are poised to make big gains in the New Year...look at the spread on the last day of trading between the -V and the Dow.

So my point is....there are many ways to play this....even now.

I look ahead but learn from mistakes...and most of all realize that there are many different strategies when buying stocks and many different players posting using different methods....not everyone is Long.(especially on Micros)

Going long on a micro...over the last 2 years is the biggest gamble one can make but if done with spare money and good risk/reward due dilligence it can provide huge returns.

FGD may or not make it....but initially it was a gamble years ago and any blame for buying it and still holding it (at that entry price) should go where it's due.

Just my opinion.

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