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Wednesday, October 12, 2022 11:52:26 AM
Our only leverage is to buy and short stock . SO I have taken the only tools available to me as an investor and made money doing so. I also tried to get others to begin viewing this as an investment site not a cheerleading site for this failed company. Its rather interesting watching people's mental blocks and how that limits their ability . Its like watching someone drive a car trying to make a three point turn and refusing to understand that you can drive the vehicle in reverse . For some reason they remain mentally blocked and think the car can only go forward. Once they realize that the car can go in reverse that turn is so much easier.
What we see here is people ( I can't really call them investors) who think a stock can only go up to make money - they refuse to recognize that you can actually make money when the stock goes down. WHy not make money in both directions ?
IS the purpose of being on an investment site to make money or to cheer for new scientific developments . If its the latter then individuals should move to a health care site.
It is indeed entertaining watching people struggle for years to make a three point turn, all the while complaining, while refusing to accept the fact that the car can actually go in reverse.
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