I liquidated all but 100 shares of my 81,625-share position today at an average of $0.29, earning around $3,200 on an investment made in about six buys between last June and early March. I suspect I'll be back in again before long. I continue to believe in this stock, but I need some money to live on, too, and it freed up four times the proceeds for margin buys.
Bear Stearns, anyone?
Monday, March 24, 2008
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