Tulaz and MMRF Board
Thanks for the Conference Call Summeries. A friend of mine wrote to me the following advise and I'm asking for your honest opinion as I am not a trader but an investor. Does MMRF fulfill these criteria of thoughts in your opinion? The volatility since the Conference call is concerning me. I appreciate your savvy DD & thoughts on investing in MMRF. I already a good position and am considering buying more shares.
Best Regards, HuB
I'm working to find the best safe haven stocks in a very tricky market. These efforts have led me to look for -
Quality product/business
Quality management
Low OS and Low Float
Quality non-toxic financing
Qualifiable revenue growth
Responsible corporate governance
Shareholder Friendly
Quality Active Partners
It is really hard to get every one of those criteria in one stock.
In this market it is hard to hold without a positive low risk/high reward factor.
If you've held other stocks that have huge volatility, sometimes they exceed their value and go back down. The wild swings are prone to manipulation. It is difficult to deal with unless you are a trader. I'm not a trader primarily. I've done it a bit and even lately lost money on some stupid gambles.
Going into the Summer I will not hold unqualified companies that cannot produce earnings growth as the Summer season can erode your holdings in risky stocks. If a company fails to execute on their business plan, no matter how long I've held it, if they fall on their faces going into the Summer I feel I am forced to sell and only hold quality companies I can justifiably hold with confidence.
No amount of shareholder input can solidify a position you hold if the company is not able to take care of their business responsibilities.
I need to hold companies that don't need anything from shareholders and are going to succeed because they have the right stuff. I need companies that are respectful of shareholders and driven to give them a good return on their money, not just themselves and they do this naturally without shareholders breathing down their necks.
I'm looking for quality. I've been lucky with holding bad companies and I will never rely on luck again. I've never really traded much, mostly held things. Rarely have I grabbed the big money at the top of the run and have held many things a long time, too long it appears.
I believe the only path to success is by investing in things that meet the criteria above. Everything else requires you to stare at your computer and hope the daily stock price of a stock goes up and not down. I can shut off my computer soon and take a month off. That's what I want. That's why I'm here. I'm not a trader. I'm an investor. Some things do work out in the end. Patience is not blind faith, it is an ongoing practice of assessment and winnowing out the static to see the real bottom line.
AI
