Grifco Inc (GFCI)

[Dr Bill]

BBB


Here is a quote:
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If we had the financials, I KNOW my paltry little valuations would be smoked away! I AM being conservative in what I do post! I am not tossing up pie-in-the-sky wet dreams in order to pump up the price of the stock -- that, my fellow friend, will eventually just take care of itself.
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This talk of "I KNOW" and "eventually" are sure sounding like sure thing guarantees. This is the kind of pumping that IMO is worse than the worst basher. But that's your style I guess.


Your talk of your investing experience is very telling. Putting all you had into pink sheet stocks? The word "idiot" comes to mind but Hey, it's your deal. I will tell you a story and that will be all of my talking about how yo do things. I will tell you what happened to me.

I graduated with a degree in Fin. Life lead me elsewhere and I became a Dr. I had gotten some debt paid down, and saw a great oportunity in the market. It was as sure a thing as there was. Beaten down blue chip, with a 150 year history, and a breakup value at least double the market value at the time. one private half owned subsidiaary division made more money than the rest of the divisions combined, and the market wouldn't recognize it. I went for broke. I put all of my savings and went on margin. I turned my Ameritrade account from $50,000 into 2.5 million in about 18 montths time. Holy Fuck. I rode that baby like a $500 hooker. I bought and bought. The stock quadrupled. I was rich. This was the worst thing that could have happened to me. Not only did I turn around and lose most of it ( my account went back down to about $38,000 at its low) I was devastated that I squandered that much money. I was a freaking IDIOT!!!!! Depression set in....

So, tell you thr truth, IMO your current path is going to see you lose millions, probably overnight. If your "lucky enough" to have it not be just thousands or tens of thousands. You may well be right on grifco. I hope so. Be careful. History is litterd with people who "put all the eggs in one basket hoping they would be able to wathc that basket" closely enough.

Good luck.