Thanks gdepc and skoobyfl1! (for messages 56302 and 56306)
So what kept you from sharing the details and your personal thoughts about your tour with Malcolm on this board?
The honest answer is that I was asked not to share. I was taken on a very nice tour, told about the company and its past, and met the scientists. At the end, I asked if it was okay to post about my tour online and was told that I could if wanted, but it would be better if I didnt. Also at that time I was working many hours and wanted to get away from spending so much time on the internet, so I figured that was a good time to leave for a while. I’ll admit right now, I’m a leech… just sucking in all this board has to offer without giving much in return. I figure that most people in my position (just starting to invest and learn about stocks) are in the same boat. I hardly have anything of real value to bring to this board, and the one time I did, I was asked not to share. Sorry if I let you down, but maybe next time you shouldn’t be relying on a kid with no experience to bring you “secret” information to make you feel more comfortable about your investment.
Was I intentionally misleading?
I didn’t disclose anything about the tour except that it was nice, so how could that be misleading? After the tour I did think it was a good investment to keep my money in CYGX. But after a few months, I realized that I was either lied to or time tables had changed, so I sold. Plus I learned that there were smarter ways to play with stocks … my money could be better utilized elsewhere. Important note: the word “short” is relative. When I said “I sold shortly after my tour” I meant that I went on a tour on June 1st, and in September I sold. I didn’t sell the next day, or the next week, or even the next month. I held for over 3 more months, and lost more money, just like everyone else who held during that time. So clearly I was not trying to mislead anyone. And for the record, I am still a shareholder Arnold, a nice whopping 100 shares! I never want to forget how stupid I was.
And if you are wondering if I am in “buying mode” now, the answer is a clear no! I don’t touch stocks like this anymore. Who knows, maybe CYGX will be successful, I really have no idea. But I do know that I would rather put my money into something smarter. I hate the fact that I put my money back into CYGX after I sold at 1.50. I hate the fact that I didn’t put in a stop loss after I did buy back in. I hate the fact that I watched my money go down the drain because I fell in love with the company and the false notion that it would be a huge success. I was greedy, I was an idiot, and I only blame myself. Now Im moving on to better things. CYGX is like the McDonalds hamburger of the stock market. It satisfies at first, but in the end we all know that it’s an unhealthy choice that will leave us fat and feeling sick. Some of you should consider trying the filet mignon or salmon of stock market… you won’t be disappointed.
JMHO
AI
