Thursday, November 17, 2016 10:03:40 AM
I know of a handful of board visitors who have amassed nice positions yet I have to wonder what it is that stops them in their tracks when it comes to building very strong positions? I have a buddy who is thinking about retirement. If he thought this through, he might approach his ALDW ownership role/opportunity differently. Another wants to buy a large man-toy---very expensive. I'm thinking that investing in about 6,000 ALDW THAT HE THINKS WILL REACH $15 by the second half of 2017 would guarantee him the upfront cash to get 'er done---without touching other monies that may be available.
The point here is that the upfront investment needn't be huge. I'm not talking about my own position for I know I've put a lot of faith and conviction into my 21,500 ALDW holdings to say nothing of a cash investment of about $190,000. And I don't even need to come out of this financially stronger! I do it for the fun and to help others find ways to bypass their concerns. People like to point out that greed is everyone's downfall. But I disagree---it's fear and nothing else. When we don't try, we can't succeed, simple!
Looking at where we were quite recently---what is going to trip up ALDW as it moves to the higher numbers we all project as likely by late Summer of next year? This is a spectacular example of momentum and in stock parlance there's nothing like it anywhere.
This is the time to add to ALDW positions as the chance of paying $9 is not likely to recur any time soon.
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