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Re: Real McCoy post# 175067

Friday, 02/19/2021 8:30:48 AM

Friday, February 19, 2021 8:30:48 AM

Post# of 192130
Investors don't purchase a full position in one fell swoop at the height of a big run and to suggest otherwise is nonsense.

Anyone can get sucked into the frenzy to chase a stock but it's the flippers that get hurt most often. Investors build on a large position over time.

Sure, everyone makes mistakes. Identifying them, acknowledging from them, learning from them is what is important.

In order for purchases at the high to be profitable, the market cap would have to get to over 2B, and actually probably a lot higher due to upcoming dilution. This will not be happening in the next 2-3 years, and likely never. This is the stubbornness I was talking about.


Definition of stupid: Knowing the truth, seeing evidence of the truth, but still believing the lie.

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