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Re: nesra16 post# 8602

Wednesday, 10/22/2008 10:13:55 PM

Wednesday, October 22, 2008 10:13:55 PM

Post# of 37472
Thanks, but understand I can not read the future. Take it for what it could be worth.

My wife keeps telling me though, that we would be a lot better off if I would have taken my own advice over the years. It is a long twisted story of how I lost all I ever tried to invest, all during the middle of the best and longest bull market in history. I hate to re-think it.

As one poster said, there is always a bull market somewhere. This is true. Even in a bear stock market, there are stocks that go up. Some up big.

I still think for BNPD, if a company is begining and also now truly selling a product that is a small consumable item, that when you can buy 0.0001% of the company for the price of just one of those small consumable items they produce, the ratio looks good. I am so so so tempted to pull 10K out of the bank and buy BNPD with it. But I doubt I will do it.

I hope they get to a reporting status so we can have some idea of their numbers. One poster a while back suggested they have no debt and have paid cash for all to date. If that is true, great. But I have seen no validation of such a claim.

Risk is everywhere. I lost all my money holding on to stocks that filed diligently with the SEC, most of which were on either the big board (NYSE), the American Exchange (AMEX) or the NASDAQ. I doubled down on WorldCom when Bernie Ebbers came on TV for a special telecast where he assured me with lies about his company. I bought his start-up LDDS, then sold it at some gain. I later invested that in Worldcom and lost it all. That is just one of the stories. USB PaineWebber swore to me their research proved that PGEX Pacific Gateway Exchange was sound and not going to be worthless even if they had to go down and be bought out. I lost all that too. Just another story. There are too many more. It makes me sick to think of it. If I would have stuck with my original plans when I started investing in 1980 (excluding the first stock I ever bought as a kid in 1969, Associated Oil & Gas on the AMEX, - had to do it through an adult co-owner to do it) I would be oh so much better off financially than I am now.

Hey, but I am still a lucky man. I have a good wife and a good dog and I am in no pain at the moment. I moved to a simple house in part of a town that is like old Americana. It is Norman Rockwell or sorts. Kids play hop-scotch on the side walk out front, they make chaulk pictures on them too, there is a very very small park 4 doors down from my house where kids play baseball in the summer. You can hear them saying "hey batter batter batter" amoungst the other summer noises. If sitting on my front porch, if not modern car is out or drives by, it could be any year from 1935 to 2008 and you would not know the difference. I live in a time machine. My house looks like a gingerbread house of sorts.

My tinnitus drives me nuts at times, but what the heck, my hearing is going......damn, as people have said for generations and I am now saying now, "its hell getting old"

This is my last allowable post for the night. So, I leave you with a photo of a 'just after sunset view on Siesta Key Beach, the best beach in the world down there south of those guys and their Bionic Tonic in Tampa.