Macq Bank upgrades $GXY, page-68

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Upstart777

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21/06/17

09:11

Post #: 25396128
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Originally posted by The Dean ↑

Really?

This is perhaps what needs to be read: Reminiscences of a Stock Operator

Jesse Livermore gave us this "...it was never my thinking that made me the big money. It was always my sitting. Got that? My sitting tight." So he bought and sat tight which is very hard to do. He perhaps the greatest of all times broke yes -several times, for how else can one get rich if their weren't broke.

Remember this from TD: "You can't ever be broke if you never had anything to began with. Be an investor not a talker like dimes per-the-dozens."

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He also tested the market with shorting and buying to find the path of least resistance.

Originally posted by vmp ↑

Selling at $1.70 an owned parcel when one has an Open buy order at $1.50 is apparently manipulation.
Shorters sell borrowed shares at $1.70 with the intention to buy at $1.50.
I cannot see the difference. But apparently, the former is illegal and the latter is legal.
No wonder we live in a very angry world.

I wonder how many people commit suicide just like Jess Livermore when they loss their fortune due to shorts. Not saying Jess did it due to losing money, but I've read a few times on HC someone commented he actually knew one who did. Sad.

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Apparently Livermore's second wife's ex-husband also 'checked out' and he earned his nickname 'the boy plunger' by making money from both ends of the market.

GXY Price at posting: $1.75 Sentiment: Buy Disclosure: Held
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