LeRoy
New Member
Posts: 8
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Post by LeRoy on Oct 21, 2004 8:46:52 GMT -5
Debi...the fact that we are even tempted (no sin in being tempted) helps us to see how the "world" & "religious" with no such guidance as the Holy Spirit within them seem to be able to rationalize away i.e., disassociate the social implications of supporting that lifestyle with making short-term profits off of a stock.
I absolutely love this board. There is more to life than profit. Thank You Jesus.
P.S. does this board posting have a spell checker with it??
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Post by VNGNTN1 on Oct 21, 2004 9:20:26 GMT -5
LEROY Very good point. Everyone must realize just as there are very new investors seeking knowledge, so also are new christian seeking knowledge. I have always looked at these situations as learning not sinning. You do things for a variety of reasons and find out different later. Life is busy and at times an individual never has the resources to checkout evrything to the Nth degree. Life also brings the circumstance of enlightenment on all those other things. Now to act against the enlightenment is SIN. I too got caught in Qbid. I was busy and trusted a Stockpicker who had a good record. Did not ask enough questions and jumped. When stock ran it got my attention and began to ask question should stay or should I go. That is when I realized this was not a company I would want anyone to know I owned. Since stock was way Up I sold. I do not regret anyof it becuase I acted in good faith at each step. VAN
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Post by Boaz on Oct 21, 2004 9:42:59 GMT -5
I agree VAN. I was almost caught up in QBID until I did my research. The person who told me about it is also a Christian and said the reason he bought the stock is because he knew that the share price would quickly rise. He then quoted Proverbs13:22, "But the wealth of the sinner is stored up for the righteous." I'm not sure if he was trying to turn that around or what. I found that whole conversation very interesting.
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Post by paperwhite on Oct 21, 2004 10:50:17 GMT -5
You probably aren't even allowed to trade a non-exchange stock on margin.
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Post by CanIplay2 on Oct 21, 2004 11:00:06 GMT -5
Consider this carefully. UCAD is a great stock also but anyone buying today will miss the split. That means a Market Adjustment is imminent at the time of the split with the Price dropping to 1/3 of the PreMarket price. Or so I have been told over and over and over. I still think it will start to rise again shortly after that. Rendall Williams has also declared he will continue to split the stock as price targets are reached more or less. If you want to buy UCAD now, I would wait until after the Market Adjustment. Margining is not out of the question. Don't do it if you can not survive a drop, it would be extra stress for nothing. If it goes up though it could be a good way to increase ones holdings.
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