Hartcourt Companies (fka HRCT)

[Investorman]

When you hold a good stock for 28 years you are almost guaranteed that you will have GAINS. The question is how much? If you had held HD you would have a capital gains problem. (That is the kind of problem we all hope to have.)

These types of companies are hard to spot in their infancy and most investors that ride them usually find them somewhere around the mid point. They still make good returns though.

We are entertaining ourselves by saying "what if" but that isn't the real world in most cases. It is no different than the bashers saying you lost 99% because HRCT dropped from $10.50 to the present level. Since it was only at $10.50 for a day very few people bought at that level and many sold well above present levels for a profit. Some bought back in lower and some, like myself, have held but we didn't buy in at $10.50 so we haven't lost 99%. It is different for each person.

As for the write off of losses - life ain't fair. The government will always shaft you given the opportunity.