I actually agree with you and appreciate your thoughtful reply. uWink was one of the best opportunities I had seen in several years when it opened it's first restaurant. Something like that comes along once every 5 years.
However, if you NEVER sell something like uWink for a profit and try to play the ups and downs of the stock, you are missing out on a profit and may incur losses. I used to have this fear of selling, believing it best to hold for the LT and buy more to average down. Now, I sell high as a matter of course, and every time I find myself averaging down I kick myself and go through my search process for new stocks. It is always better to find new stocks.
The way I figure it, any stock or play on a stock is a probability of success. Given that you can never be 100% right, you can try to be right most of the time, and come out ahead.
If someone is mindlessly "bashing" uWink, like "Nolan is an idiot", well that adds to no value. But to give useful information, like that "so much % of the funds from the restaurant is going to operations and that bothers me", is useful information. To predict a bottom or to say the stock will go down is useful information.
btw, when I first bought uWink I sold other stocks at a loss in order to do it. It takes some fortitude to accept a loss (that you made a mistake). I came out ahead.
Anyway, mindless bashing or pumping gets us nowhere.. Fact-based opinions are always useful, be they positive or negative.
Thanks for replying.
