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Re: gfp927z post# 13032

Wednesday, 06/06/2018 1:02:41 PM

Wednesday, June 06, 2018 1:02:41 PM

Post# of 19856
I would think that just about everyone has a "woulda, coulda, shoulda", i.e., missed opportunities, story to tell. If it's any consolation, you probably would have sold that ancient Decadrachm of Syracuse prematurely if you hadn't withdrawn your bid after winning the auction based on what you've told me about yourself.

But I'm just as bad as you when it comes to woulda, coulda, shoulda. The things I did in life vis-a-vis what I coulda done fills me with remorse. Not that it was my worst lost opportunity, but the baseball, football, basketball, and even hockey cards that I coulda had had I been a collector coulda made me a lot of money. But I'm by far not the only person in that boat. Millions of other people are probably ruing the same missed opportunity.

My mind is still conflicted over collecting in general. Why should a picture of Roberto Clemente printed on a piece of cardboard with his stats on the back be worth half a million dollars? Why are rare coins and stamps deemed to be so valuable? Why are works of art by the past masters selling for hundreds of millions of dollars? It seems like a pyramid scheme to me or a game of hot potato - you don't want to be the last one holding it. You want to pass it on to someone else who is willing to pay you more than you paid for it.

Now if a carpenter builds you a deck, or if a doctor helps you out of an illness, or if you're a Beatle and bring many millions of people enjoyment because of the work you do, I can see the value in those things. Trading stocks in the Wall Street casino seems like just a sophisticated form of gambling. I hear guys on CNBC saying they're buying options on some stock and plan to hold for 2 or 3 weeks - what's the benefit to society? What's the value to one's fellow man? Hey, I know that's what I'm doing to try to make a few bucks, not that I feel good about it.

I bailed on SNES because it seemed like a hit or miss kind of thing and I didn't see a path to profitability for the company. I've seen stocks like that spike on the initial release of hyped-up news and then fall back down. I didn't want to take a chance on an iffy proposition. Their best chance, I think, is to be bought out by a larger company.

The recent news is

SenesTech Maps Out Regulatory Path with EPA for ContraPest(R) Enhancements

and

Senestech Shares Up 12.4% Premarket After Co. Regained Compliance With Nasdaq's $1/Share Minimum Closing Bid Price Rule

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