Grifco Inc (GFCI)

[cyofish]

OT: The Been_Burned_Before Story.....


Plumber,<br><br>If you (and others) must know: The reason I have been burned before is because I made a foolishly tragic mistake. I fell deeply in love with a winning horse going into the 2000 bubble.<br><br>I bought in at $7, and it went to $100 in less than a year. I chose to stay with it much too long and allowed it to slide way too far (from $100 to $50 to $25 to $12 to $6), prayerfully hoping and believing it to bounce back. Well, it eventually hit an ice patch and went into bankruptcy. My common shares (50,000) of them converted into practically worthless warrants - these warrants would have converted back into common shares IF within 2 years the stock would average $15.44 for 90 days - it missed this by only a couple of months. Currently, that stock is again worth $25, but I don't own any of it.<br><br>Anyhow, as most people who have been burned before, I am much keener and much wiser. I study a stock much more in depth today, and I don't allow myself to fall in love with the winning horse - I only allow myself to enjoy the wild ride while it lasts.<br><br>And I tell you this: I am seriously enjoying my wild ride with VPHM. When my ride is over, I will gladly give this horse back to its rightful owner, but this, my fellow investor, will not happen to VPHM for a very, very good while. This horse is only just getting clear of the gates.<br><br>Been_Burned_Before