We should publish a game I'd call "BLAME". Why...because it has become an OBSESSION with people everywhere! People thrive on BLAME to shield themselves from being blamed. Some areas we see relentless BLAME are:
In politics, where politicians deflect BLAME on a daily basis...it's because of the opposing party, not me!
In the legal system....it's almost unheard of for convicted criminals to say I'm guilty....rather they BLAME their parents for the way they were raised, or society for not giving them a fair shot, or the bad influence of drugs and alcohol or BLAME their lawyers for a pitiful job defending them.
In the stock market shareholders BLAME the CEO's of companies they bought when the stock does poorly. Some might even BLAME people writing on stock boards (that's really rich) for pushing them to buy into the pitiful stock.
For me I BLAME my actions on my personal beliefs....and when it comes to investing I choose to put a high value on "RISK/REWARD" in each company I invest in. I look at the ever changing market trends and don't always get it right when a bear market overcomes a bull market in different sectors of the stock market. Like right now appears to be a case of the "penny market" falling into a bear market, making it more difficult to be successful. If I find a new concept that is growing rapidly I want in on it. Board gaming cafes/bars fall into this area and Snakes & Lattes is the premier brand at this early juncture. And that clinched my decision to buy in big. Did I let my enthusiasm influence how many shares I bought to where I bought too many shares? Maybe....but if I bought too much I AM TO BLAME. If I sell now at a sizeable loss....I AM TO BLAME. And if logic and due diligence directs me to stay long, which it does...I have nobody to BLAME for the stock doing poorly recently. The CEO growing the company at astonishing levels both organically and through shrewd acquisitions encourages me the "RISK/REWARD" has never looked better for "REWARD" than at current prices. The CEO has not done a good job regarding the audit to move us up to the OTCQB...no doubt.
BUT here is the rub.....I will not BLAME ROGER FOR PEOPLE SELLING THE STOCK DUE TO THE VERY SLOW CONCLUSION TO THE AUDIT!!! The sellers are unable to logically weigh the RISK/REWARD....they are incapable of seeing the long term growth of the company. How can one possibly BLAME the CEO for the decision of people who errantly decide to sell without using solid logic on the value of the companY???
tuna
