Tuesday, June 19, 2018 1:29:22 PM
could have "suffered a 6-month 50% decline" on LAC, as your chart purports to show, for two reasons.
First, in order to lose any money in the stock market, one first has to sell at a loss, thus locking in the loss. A key point you constantly ignore. Do you sell at a loss, Nowhat? Just curious, because the other day your post was telling everyone to "SELL" when LAC was down, which seems very foolish to me. I'm sure that Mr. Buffett would consider your "SELL" at a loss advice foolish too, because he most assuredly does not sell at a loss. He buys. That's because of a number of reasons, but, first and foremost, Mr. Buffett is an investor, not a trader, and operates off of DD, not charts, especially incorrect ones like yours.
And second, with respect to the incorrectness of your charts, according to Schwab, LAC is not down anywhere close to 50% in the last 6 month trading period, but rather 39.05% (in short, once again, your chart is just flat out WRONG), while being UP 47.65% in the last one year trading period (in short, once again, your chart ignores the whole picture and taken out of context, being slanted to support your anti-LAC and pro-short narrative).
But chart on; do chart on, Nowhat. It's becoming more and more amusing to see you try to make your case for superiority over the Oracle of Omaha.
GLTA, G8tr
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