InvestorsHub Logo
Followers 62
Posts 1312
Boards Moderated 0
Alias Born 03/20/2008

Re: hangdog post# 192513

Sunday, 10/25/2009 1:35:06 PM

Sunday, October 25, 2009 1:35:06 PM

Post# of 326355
I hear what you are saying Hangdog, but I am not sure if I agree. The volatility is the volatility. It is what it is. The percentages will likely remain consistent in the ups and downs. It is true that the dollar amounts will be much higher, but the overall investment value is also much hihger.

There is an old philisophical saying that applies. The saying is- beware making a bold statement/prediction, and following it with timid action. Our anticipation of NeoMedia value becoming large over time is a bold statement. Not staying in it in a significant way, or not getting in with all that you can get while the getting is good, would be the timid action.

I remember an interview with hank Greenberg, former chairman and CEO of AIG before the investment banking blowup, where he talked about volatility while owning a large holding. He owned 67 million shares of AIG. Every one dollar move down cost him 67 million dollars on paper. He said that it will drive you crazy but you get used to it. What you used to consider a large amount of money changes as the amounts get larger.

Unless we experience truely wild volatility, I believe we should probably just forget about it. How much money do you choose to leave on the table. That is the question. I believe that if NEOM reflects all of the different pies that the tech has the potential to have its fingers in, then this stock will have high volatility and trade on every little piece of news every day from across many investment sector types.


We will see.
All the best.
SS