There are few people here that have the kind of shares Watts has. I dare say no one with the cost basis. I understand the feeling of watching LQMT move and every penny equals $10,000. How distorting that is. How in hind sight we look back and realize we left x amount of dollars on the table. That kind of thing can make your head hurt and your heart ache. It can cause illness as it festers. It can make one second guess what they know to be true and to be false. I know it because I've felt it. I know three people on this board who have had the same explosion in paper worth.
The point I'm trying to make is that many of us felt this incredible rush of fortune, only to be kicked back down and back up one more time before arriving here, at .078 cents. If I had played it to sell half at 100%, half of what's left at 200%, and so on at 300%, and 400% I would have made 450k in three days. If I had bought half back at 100% down from the top and followed the same disipline on the next rise to .58 I would have made a total of 680k in two weeks and that's after buying back my position a third time at .28 in this scenario.
I didn't and I made just under 40k.
Dwelling on this and being older can break a man or woman's as_.
I get frustrated here like many of you and we all show it in different ways but I'll be damned if I'm going to treat any of you like crap. Tearing people down certainly does nothing to raise the stock price and most posters here are worth reading. Those that aren't, I don't.
Was the DD useless? Yes. It didn't make any difference. Will it remain useless? I don't know. Watts was clear that his posting was more for him to clear his own thought process. I no more take his, Steve, JP, ICC, Yama's or anyone else's opinions on this board as fact. I still read them. Just like you I draw my own conclusions. I put my thoughts out there and take the arrows when they're wrong and the lone kudo when they're right. I pick on Sandy, now that she turns out to be a MP coming in at 240lbs, I'll shut-up for fear of having my head jammed into my area of four point contact.
I'll leave you with this. " Do not think of yourself more highly than you ought but rather think of yourself with sober judgement. Then you will be both confident in God'd capability and humble about what we can do without him." (Romans 12) Tom sent that to me in a hand written note a few months back in response to a note I sent him.
Good Luck to All Longs.
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