By: bullishonstocks $$
Tuesday, 14 Nov 2000 at 1:48 PM EST
OT: Here ya go!!A Message to All STRU Longs.
There is nothing more humorous that reading the STRU board.
So many people out for their own self-interests.
What's great about the recent delays & price drops is that it forces all the true longs to take a
hard look at themselves and their commitment to a company.
Bashers will always be bashers just like the only certainties in life are death & taxes.
I found it rather hypocritical prior to Christmas time when everyone was bashing management because no news was announced except for the BSF PR. No price movement = frustration at management.
Suddenly the price starts moving. Yet again, no news from the company. But suddenly everyone
is gleeful and joyous.
Observation: It's not about the company, it's about the share price.
Come to think of it, it's always about the share price for some of you isn't it?
After all, if STRU was still trading above 50 cents, would the "credibility" issue of Doug & STRU even be raised? I doubt it. Lately it seems like a few longs have expressed their frustration and have attacked management on "who can be trusted."
My opinion is that it's not really about trust. Your lack of trust says more about the type of person
& investor you are than it does about STRU management.
What if STRU held it's base above 50 cents? Would the sudden issue of "lack of trust & credibility" still be an issue? What if STRU kept going up past 75 cents? Would these so-called "investors" be so concerned about management or would they be singing the praises of management?
The hypocrisy is evident folks. Most of you are SO INSECURE about your investment that you cannot stomach a price drop here or there. You cannot withstand the fact that there might be certain delays due to uncontrollable circumstances. You fall prey to occasional MM shakedowns and have joined the basher ranks by selling now HOPING ONLY (and the key word is "hope") to scoop up cheap shares. You are so emotional that when STRU is up on no real news but rather rumors (late December), you jump for glee and when it drops, you start to question management.
This is all reminiscent of the so-called "Front Runner" theory of sports fans. When times are going good, you want to take credit for being a supporter; when times are bad, you start to whine & complain and ask for a coaching change even though all of the players remain the same.
The difference between STRU and sports teams is that none of you realize how much STRU has done the past year in addition the past few weeks. There has never been a better time to own STRU.
There are alot of unselfish people out there doing all the DD for some of you. There are too many to mention but I know all of you know who you are. You are the true STRU diehards and will be rewarded in the end. For the rest of you, you still can't see what's really going on because you are only fixated in only one thing: stock price.
Did it ever occur to you that there are probably things right now beyong STRU's control?
Let's say hypothetically that the deal is signed, if so, would you really believe it if the PR came from STRU? I doubt it. I firmly believe that it's up to the "other" company at this point. Doug and Rhett are busy behind the scenes moving this company forward each and every day. Having spoken to them, I have no doubt whatsoever we will be rewarded very soon.
That being said, I really want to challenge all of the true STRU Longs out there to really examine why you own this stock. Of course we all have our own reasons and we make decisions separately. If you truly have done your research and DD, these delays & price drops are relatively unimportant.
When you are young and patient and hold quite a number of shares as I do, you have the luxury of seeing STRU 3-5 years from now. When I first purchased this stock back in May, it was purely for a rebound play and a quick turn around sell. Yet the more I learned about the company, the more I realized the potential and the longer I planned to hold. I vividly remember how my valuations for STRU has evolved from 25 cents, 1.00, 3.50, 10.00,
20.00 and now 50.00. Some of you can't fathom STRU hitting 1.00. Then again, some of you have as much patience as a microwave oven.
What's another 3-5 years when I have the rest of my life to enjoy how STRU can not only change
my life, but my future family, kids, grandkids, etc?
I've shared this before and I'll share it again. I have NEVER held a stock that has this much potential and I seriously doubt I ever will again. When the dusts has settled a few years from now, STRU will have changed many many lives along the way.
We, as individuals, all have our own trading strategies and bought or sold STRU based on different needs. The purpose of this posts is not to "cheerlead" or to convince you to buy or hold, because in the end, it doesn't really matter. When you have a long term vision and a long term commitment, you make good on that promise.
Personally, it wouldn't bother me one bit for some of you to liquidate your position on STRU. If you don't have what it takes to be a true investor, I'd rather you not be around and profit in the end.
What may be hard for many of you longs is that despite all of the extensive DD, phone calls, & thousands of postings you've read on this board, you still have no faith because your faith is based upon one shallow thing. Share price. That being the case, you let the fluctuations of share price dictate your emotional state and
decision making.
All I can say is, I'm glad I don't have you managing my funds.
There is nothing wrong with expressing frustration and dissapointment. Then again, not all investors are built the same. When you have a long term commitment and have seen the light, these minor petty price drops, these silly bashers, all of the *****ing and moaning on the board is nothing more than amusement. Pity the fool who cannot separate truth from reality. To equate "truth" with "today's share price" is about as accurate as saying the Earth is flat.
What's a few extra days and weeks in the course of a few years of patience and a lifetime of
rewards?
Ultimately, it's your decision, it's your money, it's your life. In the beginning of a marathon, everyone starts at the finish line, yet in the end only a few people can have the fortitude to finish in the Top 10 or Top 20.
Hopefully I will see a few familiar faces a few years from now. And for the rest of you, hopefully I
won't.
Cheers
Voluntary Disclosure: Strong Buy : Long and Short Term
