Gip, I don't know if you got out or not. Heck, I don't know if you were even on board in the first place. Nobody should take anything on these boards as gospel. Or you will have people believing Walrus that this is a $50 stock. If you got out, you are probably smarter than me as I'm still here. Just wish you had gotten out on Thursday, like I now wish. I'm thinking we will move up slightly from here before heading south again. At least until something new unfolds. But, under current circumstances, I think the 52-week low is inevitable.
For me, I just try to be honest in my view day to day of the scene I see unfolding before me. Generally, I'm fairly conservative in my investments. Solid companies, dividend paying companies, mutual funds, etc. I have been getting riskier as I have accumulated more money.
TKO was really my first foray into a speculative stock. While I'm prepared to lose all of it, I certainly don't want to. But, I'm young, relatively speaking, and I have plenty of time to recuperate should I lose everything.
What I'm most fearful of at this point is Murphy taking his ball and going home. From some of the posts on here, he has become much more cynical and critical of the company. I don't think he has backed off his price target as of yet, but if he does, or decides to sell, you will see TKO take a hit big time. I'm hoping that the sell off we have seen over the past few days are not people catching advance wind of that sort of news. While I don't put much stock in his opinions, as I never thought TKO would become a $15 company any time soon, there are many people that seemingly do follow him, because you'll see pretty much every word he posts about TKO on this board at some point. I think ouch posted the last one, from a "friend," of course. It's funny how many people disassociate themselves with Murphy, but then manage to find the requisite information.
I'm fearful of Murphy, because that is the great big unknown. The rest of the problems with TKO are well documented. I don't believe in conspiracy theories. What I do believe in is the market, as it never lies. We are in the $1.80s for a reason, regardless of what anyone thinks.
Good luck on your other pick...what is it, if you would be willing to share?
All posts are only in my opinion. I am not a broker or anyway involved in the securities or investment industry. I do all my own due diligence. Any allegations to the contrary are totally fabricated.
