Wednesday, March 16, 2011 10:35:03 PM
Long term disaster in the making indeed. The Canada decision was #2 on my list of no no's. Glad he pulled the plug there too. Eventually yes but only when one domestic location can absorb the losses of the other while it gains it's footing.
I have screwed up enough times to know what works and doesn't when starting out. The key is making sure that the asset you acquire can be dumped for even money. Over time, the even money deals will be less, the curve will improve and profit will be had. And of course, make sure most of the dilution was traded for inventory asset on the financial.
All from the idiot in the room which is me. Armchair quarterbacking at it's best so DO NOT BUY OR SELL a security on my call.
I have screwed up enough times to know what works and doesn't when starting out. The key is making sure that the asset you acquire can be dumped for even money. Over time, the even money deals will be less, the curve will improve and profit will be had. And of course, make sure most of the dilution was traded for inventory asset on the financial.
All from the idiot in the room which is me. Armchair quarterbacking at it's best so DO NOT BUY OR SELL a security on my call.
Join the InvestorsHub Community
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
