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Alias Born | 07/25/2016 |
Tuesday, October 11, 2016 9:07:37 AM
My math is a little fuzzy, but a million shares times .14-.15 is 150K vs the constant predictions of long-term "Longs" that say it's going lower. Sounds like the gain is $150,000.00 vs lower, but if 150K is "gambling" money, then there's nothing to worry about.
The argument makes no sense. And it's not "unicorn," it's giving the Lugee deal a shot. It's objective. The deal fails, there may be no point staying in.
This isn't a love story or movie. It's a stock. Any investor buying on emotion is obviously not looking at a stock the right way. The choice is either having no faith and getting out with 140-150K or looking at it objectively and seeing if Lugee can close the deal and 2017 is worth it. There are no two other ways about it. Anyone still in and complaining is only in because they believe in it. It makes ZERO sense not to cut your losses on a stock you think sucks and is going nowhere, but down.
Drifting into a state of mind-numbing nothingness reading some of these posts...
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