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Friday, August 02, 2019 12:21:34 PM
My sense is that people getting into ASCK possibly don't see themselves capable of making money thru stock market participation and figure this is all that's available to them. It's a gambler's style, of course. The problem with that is it's not at all reliable---either the right card comes up or it doesn't. That makes it a hit-or-miss scheme. It rules out a trader's instincts, insights and educated hunches played out. It's not a business orientation in any conventional sense.
That's understandable for me. But I have to add that I wish I could bring some to recognize things that a handful of us are seeing. We'd dearly like to save others from making our mistakes. Just look at Brando1975's posts---so on target, they are! And there are others equally sighted.
Disclosure:
I sold my remaining ASCK position this morning. I accepted a loss of about $300. Could have been far worse had I listened to the wrong people. My only wish now on this board is that of coaxing others to consider more carefully the risk they are about to accept.
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