Tuesday, October 12, 2021 11:08:51 AM
several reasons why I am still in this stock.
1. I have a cost basis of around $5.70 so to sell and pay taxes is out of the question.
2. I don't need the money for other things so why disturb my initial investment.
3. I used to use the quarterly dividends for fun and entertainment (IE: Casino) and though I don't go as much because of Covid, it nice to get a combination of $35,000 in annual dividends.
4. I am still hoping that it breaks $100 again and stays at or above those levels.
5. I am also hoping one day that the company is merged with some powerhouse that can propel the shares much higher
When we leave this earth, it passes to our 2 children and their cost would be set at the time of our death and we would suggest that they unload the stock at little or no taxable gain to them.
I wish I would have been smarter and taken profits at $100 per share instead of listening and believing people like Mickeybritt, the calculrot with lots of zeros, to the moon, the engine and transmission etc.
We all have a right to post our opinions, whether you agree with them or not.
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