In a perfect world…
- Securities would actually be as their name implies.
- There would have never been a stock crash, credit crisis, deficit, nor Obama-care.
- They’d still be making Pontiacs.
- We would have had at least one Italian Astronaut by now.
- Paris Hilton’s net worth would be more commensurable with her IQ.
- and Baltia would have been pulling away from the gate at Terminal 4 by now loaded with passengers.
The difference in the afore mentioned list, the last one will be remedied. The question is, what are we going to do about it? Complain, Bash or Support? What’s in the past is… done and over, therefore there’s only one direction – Forward. Speed may be another issue, but that’s about to remedied as well.
For me, I seek the value in a venture and while the share price may not reflect it this quarter, it’s value rises every day. It may not be visible to most who are anxiously awaiting the maiden voyage, or concentrating on computer screens obsessing over tens of a penny, but it’s there and growing and sooner or later you’ll see it.
Look, I learned long ago that stocks will never do what we’d want them to, when we want them to do it, but there’s nothing to say that your portfolio can’t. All stocks prices, from AAPL to ZION, from time to time exhibit periods of dormancy especially firms emerging from incubation. And when they do, since my buy-n-hold speculative play (like BLTA) only represent a small portion of the overall portfolio, I’ll treat it as such for that period of time – like a savings account that’s about to pay off sooner or later. In the mean time I concentrate on the active plays in the portfolio that are in focus or in play. That is what I mean when I state that stock will set up it’s timing for us – it suddenly reveals that it’s ready to mature and in some cases pop and usually when you least expect it.
And when a micro cap suddenly matures it usually yields at least 10 fold with enough funds to:
-Pay off the Mortgage
-Put a kid thru college
-Buy a Beach House or
-Just get a year’s worth of Therapy with the Analyst of your choice. (if stocks can make you crazy)
Now I think we’re all in Agreement here that we Agree to Disagree. Beyond that I believe that we are all in Agreement that the Launching and Success of this venture is in all of our best interests. So once again, I pose the question “What are we going to do about it?”
For me, since I’ve just returned from some time off, and have had no contact nor communications with management for some time (basically the summer). It’s something which I’m remedying immediately. Admittedly I do have disagreements with management regularly but it still doesn’t mean that I don’t support the venture and the endeavors. There’s also more than a few in the investment community, adamant that no burgeoning venture should ever be delayed or derailed for what represents less than a month’s worth of Lloyd Blankfein’s take home pay. After all, Wall St is only a stones throw from BLTA’s and I've got a feeling they're about to join it.
GLnGT
-OK
AI
