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Re: thesmallguy post# 39802

Tuesday, 01/22/2019 10:21:57 AM

Tuesday, January 22, 2019 10:21:57 AM

Post# of 54428
It all depends on each investors own criteria of how long they should wait for a return. I personally use several criteria to make that call.

If the potential pps increase is great then I tend to wait longer and if the potential is minimal I tend to shorten my wait period as time is money.

Also, if I believe that the potential has a very good chance of being reached vs a real long shot, I will wait considerably longer. How much longer has to do with the aforementioned increase in pps potential .

In the case of FNHI, it has such a large pps potential, combined with good and honest management which has made many good improvements over past year, all while getting interim financing. Also filing for Canadian Stock Exchange which will be followed up with real financing .

So the bottom line here is waiting a little over two years, (so far), for it to blossom is absolutely fine with me.

Do I always give every stock 3 to 5 years, no. This one I will. Many times 2 weeks can be too long. Lol, even 2 days is too long in some cases.

Fnhi, in my opinion is an especially great investment, the key word is investment, it is not a play.

Good Investments usually take much longer than plays.

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