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have never read any of your posts where you claimed that you knew how to trade equities or invest in the markets. Consequently, I'm not jumping on you for claiming that you're a seasoned trader, I'm simply pointing-out that you are trying to impress everyone. This ridiculous attempt of yours to claim that you're averaging-down, therefore, your trades are proving to be very smart, is just out in left field.
Averaging-down went out with buy and hold but you you just didn't get the memo. Really, trying to salvage your original position with $15+ shrs by claiming you're averaging-down simply back-fired on you. Everyone here knows that you have not spent $250,000 buying NGAS shrs. Only an idiot like brangus would believe something as stupid as that.
You live in a fantasy world. You chased NGAS because you didn't know what you were doing and you ended-up doing what most people on these boards do -- they buy at the absolute worst time and get stuck holding shrs that the rest of us sold to you for a profit.
You had a choice - you could have just used one of your other aliases and posted fresh (forgetting about those $15+ shrs) --or-- you could have pursued this really dumb line about averaging-down.
Why you picked the latter is beyond me -- however, it IS right in line with all of the other really BAD decisions you've made regarding this and other stocks.
Losing your ass on CIT cut through you like a knife through warm butter. Then again, you did deserve it. That's what happens when you pretend to know something that you do not. And, yes, I did read your notes on that board where told everyone several times that bankruptcy just was not going to happen.
Stop pretending and try learning for a change. It's been more then 4 yrs now since you bought NGAS (AFTER) Katrina went through. You've been holding and losing value ever since.
That's NOT what seasoned traders or investors, do.
Take my advice and learn instead of pretending. Every time you post here you look like a fool. The truth hurts but it's still the truth.
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