Wednesday, August 13, 2008 9:17:14 AM
gcap Well said. I don't mind when someone rants when they do it in a well thought out fashion. When to buy into a pinkie stock is exceedingly hard to determine. And when targets change and delays continue it is almost always devastating to those who buy in too early. We buy in in hopes of huge gains but if you buy to early then you get hit twice.
1) dead money for long periods
2) the realised profits (if any) are immensely less than original expectations.
Only way to avoid it altogether is not to take the early buyin risk. Thus eliminating the huge potential that makes the risk seem worth it. Which leaves us where we always are making a choice to risk or wait until they prove themselves then buy.
In this case many of us chose the risk and to this point have gotten stung. Much do to lack of performance of the company and some due to the Groves HE story.
The fortunate (IMO) ones who are just now buying in will be the real winners.
It is easy to figure out what you believe. The difficulty lies in determining - is what you believe the truth.
1) dead money for long periods
2) the realised profits (if any) are immensely less than original expectations.
Only way to avoid it altogether is not to take the early buyin risk. Thus eliminating the huge potential that makes the risk seem worth it. Which leaves us where we always are making a choice to risk or wait until they prove themselves then buy.
In this case many of us chose the risk and to this point have gotten stung. Much do to lack of performance of the company and some due to the Groves HE story.
The fortunate (IMO) ones who are just now buying in will be the real winners.
It is easy to figure out what you believe. The difficulty lies in determining - is what you believe the truth.
It is easy to figure out what you believe. The difficulty lies in determining - is what you believe the truth.
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