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Re: longnsteady post# 25536

Monday, 06/27/2011 12:50:55 PM

Monday, June 27, 2011 12:50:55 PM

Post# of 280294
IMHO, there are far too many on this board that pick out what they want to see and ignore the rest.

1) you are ignoring that, although I said that I thought Kim would release the results of the testing IF it was successful, I also pointed out that there was another possibility - that the zinc fingers might not work on the first try. I even went into considerable detail about why that might happen and what the implications might be, all of which you ignore. Note that if the problem was that the ZFs didn't work the first try, I wasn't really wrong. We don't know until KBLB enlightens us. I admit that the most probable thing is that I was wrong but that's by no means certain.

2) you are also ignoring that I made it clear that that was my opinion and went so far as to state that nothing was certain in biotech, especially the timing.

I try to help people understand what the possibilities are and what each would mean and I indicate what I think is most likely. Such subtleties appear to be completely wasted on this board.

Eddie may be the extreme but it appears that many on this board cannot be bothered with "reading all the words.

I considered your opinion before but disagreed with it. Are you suggesting that I had should not have expressed disagreement? I had reasons for disagreeing and spelled them out in full. Isn't that what this board is supposed to be about?

As for anyone who took my opinion as "gospel" that's their problem. I very explicitly stated that there were other possible outcomes and even went into considerable detail about what some of them were and made it very clear that what I though would probably happen was only one of several possibilities.

IMHO the real underlying problem here is that most show strong signs of being very overextended on their investments. Those who are overextended tend to seek out false certainty about what will happen. Anyone who says they are certain is, IMHO, either a fool or a liar. Uncertainty is an unavoidable reality in research. It's something that has never been done before so no one can be certain. Those who stay invested within their personal limits (especially not investing with borrowed money and not money that can only be left in a short period of time) and are well diversified tend strongly to be more realistic about risks and uncertainty of timing.

Look in a mirror. You are now looking at the person who is responsible for your investments. I in no way whatsoever accept any of that responsibility. I am only offering information and an opinion. In stark contrast, I might add, to many here who never express the slightest degree of uncertainly nor any possibility that their unsubstantiated opinions might be wrong.

What the traders (and that includes those so called "longs" that "trade around a core position") can't seem to grasp is that when you hold long (i.e.: really long with no trading position) minor delays are really inconsequential.
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