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Re: Spartak post# 436

Friday, 02/03/2012 11:00:54 AM

Friday, February 03, 2012 11:00:54 AM

Post# of 1711
Brave soul thou art, for not diversifying. wink

But ABTL is "safe" and trading close to book value. Its websites alone will be worth 1$ as they paid quite a bit for them over the years.

But please do consider diversifying in the future. Never safe to put all eggs in one basket. You never know what can happen despite your research. Management lies, scams, scandals, new SEC rules, competition, natural disasters etc.

You may make a lot in ABTL. But in the process you will have also reinforced a wrong habit. You may do the same "all in" with the "next ABTL". and it may work again. Till one of the "next ABTL" turns out to be a bomb. "All in" is not a recipe for consistent long term gains.