I threw in the towel sold 290k Only lost 250,000 & bought 1000 shares Apple. I’ll make it back in five years! Kidding! Actually bought my daily 5k and was good to see .90 to 1.00 Good news is likely a lot of people gave up today & the market is closed Mon so only two trading days to earnings! Been assured by IR PRED will discuss new product launches! Ask yourself after you reread the PR’s over last few months if all the alliances formed would be done by a failing company? Just the opposite. Agree stronger hands & smart money we’re gobbling up super cheap shares today. Once the good numbers come out & we are reassured of the stellar future hear. As Warren says when everyone is rushing for the exits in a panic, I’m walking in the door. What has changed in a week that 1.80 shares were on sale for 1/2 price. The herd mentality is human nature. I’ve been a contrarian investor for over 35 years. As an example I luckily sold a position in Lilly back in Sept 1987 & when the price was cut by 2/3 Oct 1987, I bought 3 times as many shares with same money. I’m not always right but PRED is a solid company & the proof will be next Thursday when the company updates sales & future sales. I’ve said it before but will remind everyone they were a company with tens of millions in sales soon to be hundreds of millions. Enjoy the long weekend. Be glad we have 3 days to get some perspective. My followers bought more today & hopefully smart longs will too??
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