Nice buying action after the announced delay in podcast this week. This week is a perfect example of why I trade the way I do. Everyday the price did the opposite of what I thought would happen. We each have our own style, and while I want to be able to hold a core, and trade some extras, I just can't do it. When I find a company with a bright future, I pour every cent in and wait. It's served me well with 6 figure gains three different times. The difference with WDLF is I truly believe this will be the one that gets me the 7 figure gain. I'm just not sure how many...1, 2, 3 or more? So while the day to day is interesting to watch, it's so far from where I believe it should be or where it will go.
So simple:
Revenues increasing, and low burn rate
No debt
No notes
No dilution
These 5 bullet points above, are positives the other companies I successfully invested in didn't have. I just haven't ever run across one like this.
I've been here 5 months, so no rush...I got at least 7 more to go for long term gains. My goal is to see the pps so high when that time comes, I can sell 1% of my holdings every week or month so I'm around another 2-8 years.
And I'll add this...Ken stands to go down as one of the richest and most successful CEO's if this succeeds. I just can't see him failing.
I was asked the other day..."When do you sell?"...my answer..."when I stop believing in the company". So even if a liquidity event doesn't happen this year (I still think at least 1 will), or even in 2023, the revenue growth, low burn rate, no debt, no notes, no dilution will have me still believing in the company for the foreseeable future.
GLTA, and when you take profits, good for you. I'll be holding mine so there is less competition for you to sell ))) I'll add just one more thought...if this goes crazy and is a multi-billion dollar market cap for no reason other than hype, then I would sell even though I believe in the long term. But I think when it's a multi-billion dollar market cap there will be a good reason and I'll be a proud stockholder then, as I am today.
All I want is Patience, and I want it NOW!!!!!!!!!
