MM2B...I admire your steadfastness in all that has transpired over the last two years. I have posted here before regarding my concerns, and have thusly been identified and labeled as a malcontent.
I am concerned because my trading account has dropped from $750,000 to less than $100,000 over this span of time. I do not say that expecting, nor do I want any sympathys, as I am an adult, and made my choices freely with the expectation of making a profit.
We are in an era that we have never been in before, apparently the era of greed and deception, lying to the shareholder and literally no recourse for the shareholder, as the government regulators are some of the largest crooks in the entire investment and securities system.
As the latest revelation regarding the Bank of America and it's relationship with it's shareholders reveals to us in poignant terms. Given the tough choice of informing it's shareholders versus protecting their own positions at the money trough, we the shareholders lose again at the hands of corporate management and the oard of Directors. All this after the hard working taxpayers bailed them out ($45Billion) at great expense to our children and grandchildren.
My heart goes out to those who in hopes of caring for their own and themselves in retirement, in some instances will now die at some dismal job that they now must maintain in order to survive for the rest of their small lives.
Big wins, small loses. It is a simple formula and an immoral one IMO.
I do maintain my position in HMGP, needing a many bagger just to break even.
Good luck to us all.
USC
