I started watching this stock mid-summer, and for several months looked back in envy at the cheap price it had been available for in the months prior to the big runup. Only in my wildest dreams could I have ever hoped for this stock to drop back down to that level, so I could secure a position on the cheap also.
Well, God sent a miracle and my prayers were answered. I feel lucky, while others are cursing. Amazing how people can have wildly different perceptions of the same event.
Funny to hear "Scott was right all along." No, David Blanchard is the one who has been right all along. Mr. Blanchard warned you, several times, that the bottom was likely not in yet, and to expect a big drop after the right (wrong) news announcement.
If your timing is wrong, and you buy in early and hold on to a falling stock, that's on you, not the stock.
Some of you seem to have an investment strategy that is somewhat akin to the "Underpants Gnome" get rich quick strategy:
1) Steal underpants
2) ???
3) Profit!
It's like you expect to buy in at the absolute bottom, then for it to rocket up to the moon within a week, then sell at the absolute top and walk away rich and happy. If it instead turns out to be a long ride with ups and downs, then you complain about what a terrible stock it is.
Maybe if you spent less time complaining and more time learning how the world actually works, you would have a more realistic strategy.
You think I'm at all bothered about that 12 points loss I took a while back selling at 89 cents? Some guy made a point to thank me for that stock. Wonder how thankful he still feels. I made all of that back and then some, just by waiting patiently. And if NAK falls to 5 cents you won't be able to wipe the smile off my face. That's because I'm always thinking about tomorrow.
