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Tuesday, May 05, 2009 8:06:21 PM
I have been out of the loop since the 28th of April for vacation and have just spent the last couple hours reading all the posts that have gone up since the proxy vote announcement.
Some of us have a lot of money invested and are probrably rightfully freaking, others of us (and I'm in this group) not so much and have no reason to be freaking out like some of you are.
I have said it before and I'll say it again I am by no means an expert and wouldn't know a naked short from a naked lady or an a/s r/s from the ac/dc instructions on my ipod charger but it appears not many of you guys spouting of like you are have any better grasp than an angry drunk monkey.
Thru my readings a few of you guys have emerged as real pros and I value what you write and gain insight from it. 9 times out of 10 I feel the advice from the pros is still a wait and see attitude or a long hold position.
IMHO if you have less than a few grand in this thing, just simmer the negativity down a notch. You are doing more harm than good to be acting like you are being taken to the cleaners. If you feel differently (i.e. it was $$ you couldn't afford to GAMBLE with I would dare say you shouldn't have been involved at the jump.
And I just want to respectfully give advice to those of you who are wretching about just needing to break even and sell behind your partners back that stocks aren't really the place to be selling your marriages short. Money should never be a reason to be dishonest, disrepsectful or decieving. What you have said about Raley doing this is speculation, what you have written about your own intentions is evidence.
Just my thoughts after having read a weeks worth of this stuff. Not like it matters, but it was driving me crazy to keep reading some of the posts.
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