Thursday, July 07, 2011 6:29:21 PM
I am a long-term investor. Having been a SVP for a Fortune 500 company, I learned a great deal about reading finacial sheets and investing accordingly. I know enough about financials, production, marketing, management, organization analysis, and operations to assess companies and to find the rare high-flyer as well as those solid, large-scale companies with room to grow. I have shared my views on investing in the past and, I believe, that you have read them. I rely heavily on free cash flow.
This stock, however, was not chosen based on financial data. It was recommended to me by a close doctor friend. I did a great deal of research as I have also outlined in the past. I have covered, I believe, all bases and, while acknowledging all of the missteps by the company along the way, I still believe this will be a strong performer. I have shared my financial predictions and most of you choose to disagree which is fine. I am not trying to convince people to sell or to buy. That is not what I like to do. I am very convinced, based on not just my own opinion but also those I trust, that this stock will be well over $3. That is the beginning of my sell point.
I wish everyone well - those who agree with me and those who don't. I am here solely to make money. I like doing it and I like sharing it. I live a simple life style and don't really need more so I know I am very, very fortunate. I shared how much was in my brokerage account only because some were stating that I don't have a clue. I regret my stating it. I am not prone to sharing that information. Those who know me haven't a clue as to what I'm worth. It is one of the privileges of being anonymous on this board that you can make misstatements and not have to suffer the consequences.
I feel badly for those who have lost a lot of money and I know there are a good number of you out there. I feel even worse for those who have lost a lot of money and are being scared away from this stock. You will regret selling. Of that, my friends, I am very sure.
Again, GLTA.
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