Could not agree more. If you have an investing time frame that is longer than a few days time, this is an absolute no-brainer here. There will, I am absolutely sure (as my portfolio would confirm, putting my money where my mouth is) not come another time in our lifetimes the opportunity where we will be able to pick up cheap stock of a company that has been validated by that many great names in the industry!
Or ask yourself how often have I seen an opportunity like this happen? How often do I think an opportunity like this will come again? Be honest to yourself...
Normally, companies like Sphere go public only ONCE they have reached multi-billion dollar market caps and normally we complain that only top tech VC firms only got the opportunity to buy early. You want to know why that is normally the case? Well, just look at what Sphere has to go through! And now, due to its unique history here we FINALLY go, finally our chance to participate in a new VALIDATED technology in a huge future growth sector at an early stage and cheap price...
So, what will we do about it?
After all of the partnership agreements over just the past months, ANYbody who then decides: "No, I would rather act emotionally right now and in panic exactly do what the shorts want me to do!", well he or she almost deserves to then not benefit from this...fair enough...
Last point for today, if you think the temporary share price drops hurts emotionally (hey, lets be honest it does!), but then just imagine for a moment then what it would feel like emotionally to have passed out on an opportunity like this...and then apply that pain over a lifetime...
JMHO
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