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Sunday, August 05, 2012 12:40:30 PM
There is no point in "fighting" the market...you will lose every time all day long...you jump on and take the ride and get off when it's gets to your "stop"...
It's almost always a bad idea to compare a penniless company with no sales (kblb) to an enormous, profitable conglomerate (coke)....they are worlds apart...best to stay on earth...
So now we get to your coke investment...you were holding coke for years while it went nowhere...all through the dot com era where stocks were going from 2 bucks a share to 600 in a matter of months...after 8 years, you finally got a double out of it...to me, that's actually a sad story of missed opportunities...but seriously, at that time, you could have put your money in various money market accounts and pretty much doubled your money in that time period...
Buy and hold for years thru thick and thin is the way grandpa invested...those days are gone...7 years to double your investment?...I gotta tell you...that don't sound like much to me...but to each his own..
"This is how money is made. You buy a company which you feel as a potential product, and you hold on through thick and thin. With KBLB "
Well coke is a huge profitable international conglomerate with varied products and investments...if for some reason you felt it necessary to buy and hold a company, that could be a good choice...
But to equate that with buy and holding a pink sheet, money losing, one man band of a company that has not been able to sell a product that they have had for 2 years....well like I said in the beginning, it just don't compute...
Recent KBLB News
- Form 424B3 - Prospectus [Rule 424(b)(3)] • Edgar (US Regulatory) • 06/10/2024 08:30:30 PM
- Form EFFECT - Notice of Effectiveness • Edgar (US Regulatory) • 06/04/2024 04:15:03 AM
- Form S-1/A - General form for registration of securities under the Securities Act of 1933: [Amend] • Edgar (US Regulatory) • 11/22/2023 09:31:54 PM
- Form 424B3 - Prospectus [Rule 424(b)(3)] • Edgar (US Regulatory) • 11/16/2023 09:30:34 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 11/13/2023 09:43:51 PM
- Form 424B3 - Prospectus [Rule 424(b)(3)] • Edgar (US Regulatory) • 09/11/2023 08:30:50 PM
- Form POS AM - Post-Effective amendments for registration statement • Edgar (US Regulatory) • 09/01/2023 08:30:52 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/14/2023 08:35:05 PM
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Mass Megawatts Announces $220,500 Debt Cancellation Agreement to Improve Financing and Sales of a New Product to be Announced on July 11 • MMMW • Jun 28, 2024 7:30 AM