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Alias Born | 01/26/2011 |
Thursday, July 07, 2022 2:46:37 PM
The original premise was that you would not sell any of your AVXL holdings today for $2000 per share.
I consider myself a minute-trader, day-trader, swing trader, position trader, short-term investor and long-term investor. Heck, at times (like with AVXL for instance) I am all of those things with one stock! I have held AVXL shares for as little as a few minutes and as long as 7 years and counting. I have strictly day-traded many stocks over the years and have also held onto one particular stock for nearly 45 years...
Going back to your original premise above, my response to it had nothing to do with labeling what type of investing it is. I was simply stating that I personally do not believe anyone would be able to turn down an offer today that would result in him or her gaining in excess of 186x the current value of his or hers holding (being paid $2,000,000 today for every 1,000 shares that are currently worth under $13,000). Since of course an offer like this will never happen, I hope this ride will eventually take us into 4-digit land. If you are truly able to keep yourself from selling any of your shares until that price becomes reality, I promise I will be the first to tip my cap to you (and to anyone else here who is able to do that as well)!
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