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Re: igotthemojo post# 29519

Tuesday, 08/30/2011 7:19:39 AM

Tuesday, August 30, 2011 7:19:39 AM

Post# of 279296
Your apparent problem is not your individual chosen investment approach: discount everything until profits are on the table. It is rather that you apparently refuse to acknowledge the validity of anyone else's approach.

Many people don't want to invest in a stock until the company is making profit and that's fine: It's basically a matter of risk tolerance. But many others have a higher tolerance for risk and want to get the much higher returns than can be had from taking risks IF you do it right. And their approach is equally valid.

My question is this: From your statements you have a very low tolerance for risk. If that's so, what on earth are you doing messing around with an early stage biotech company?

And what is your difficulty in acknowledging that other people may use other approaches which for them may be quite suitable?

What you apparently cannot or will not see is that those investing in higher risk stocks invest earlier and necessarily look at different factors than you because the factors that you restrict yourself to (profits, revenue, EPS, etc) are totally irrelevant to pre-product companies.

Your posts sound to me like someone going into a extreme sports store and complaining repeatedly that there are no croquet sets on display. Maybe you're just in the wrong store.
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