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Re: CPM post# 75362

Monday, 03/01/2021 9:03:49 AM

Monday, March 01, 2021 9:03:49 AM

Post# of 79340
By the way, War and I disagree about Bland and Morris. War very clearly sees the negatives. I also try to see how those negatives can be turned into positives for my portfolio.

If you look at this the way I do, Bland and Morris seem likely to make something happen now that the Zimmerman and Wood stuff is in the rearview mirror. The question is -- is it possible to be patient long enough that you get really cheap shares. Heading into a Bland/Morris new business deal with a ton of shares and a cost basis in the low trips is not a bad place to be.

But we are a LONG way above those prices now. As in another 90 percent drop is possible over the next few months. This probably won't go straight down, but it will be hard to trade for a profit until this has hit rock bottom.


I am obviously NOT an investment advisor.