Priceless "You try to sound smart, but your advise is terrible" Did you mean advice.
Try to sound smart? Do you know my portfolio and the tax loss harvesting I have done all year? Again, you do not know about investing, I was responding to your comment that I should sell. Tax loss harvesting is based on every individuals tax liabilities, not an automatic thing for everyone.
So, I repeat I do not sell a stock that's at 1/10 its value. I tax harvest throughout the year. With Bill's second quarter bs report, he stated how we tripled the growth and the money will appear in the 3rd quarter. Who would sell with the knowledge of tripling its growth.
So are you telling me I should have sold then? Did I think that Bill was going to keep giving the profits to some unknown scam that does not pay us back?
Would it have been ignorant for me to think, after tripling the growth, LVVV would have not paid any bills and have 20k less cash than at the 22 year end report?
Only foolish investors tell other investors how to run their portfolio. Only fools defend the scam called LVVV.
Oh and btw I am in and waiting for class action to be filed. I am sure someone, if not myself will be moving forward with one at some point.
Bill AND the Board have some explaining to do, maybe if he puts the blunt down, he can answer the questions below to the satisfaction of his stock holders
Who is the "due from related parties"?
Why is he giving them money every quarter when LVVV is not paying its debts?
Why is he giving them money when he is not paying property taxes?
How much interest are the "related parties" paying?
Is there a written agreement for these loans?
Are these loans collateralized?
What are the terms of these loans"
When will we be getting the money back?
Why are they, quarter after quarter, sucking up more of LVVV's profits and not making payments?
Why are we, at the least, not getting interest only payments?
Those are a start
