InvestorsHub Logo
Followers 61
Posts 7552
Boards Moderated 2
Alias Born 02/10/2010

Re: daddy60 post# 56503

Tuesday, 05/22/2012 10:24:24 AM

Tuesday, May 22, 2012 10:24:24 AM

Post# of 60938
daddy60,... as with just about anything in life,... there is never a 100% guarantee of anything.

I'm betting we get something. My cost average here is fairly low, so to make me back a profit (ignoring the time wasted factor at this stage) doesn't take that much.

I would guess (and am wagering now - can't take the money off the table now if I wanted to anyway)

<25% chance we get so little back out I lose money, perhaps zero return.

25-50% chance we get enough I don't walk away frustrated after the whole ordeal

<20% chance I make a tidy profit even accounting for the time wasted.

<5% chance we all have to pick our jaws and eyeballs off the floor when we are 'shown the money'.

It's still a possible loss, even a total loss, but I like the odds. Just never, ever, ever, bet the mortgage and grocery money on stocks of any kind.

“The two most powerful warriors are patience and time.”
- Leo Nikolaevich Tolstoy

Join InvestorsHub

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.