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Re: Spanky227 post# 10585

Friday, 05/31/2013 11:11:49 AM

Friday, May 31, 2013 11:11:49 AM

Post# of 46516
Well said. There are too many "traders" who enter WDDD under the impression they will add 30% to their portfolio within a week, and then move on. But patent plays are catalytic, then bloody. A huge catalyst adds (news, event, substantive and widely circulated article, etc.) 30-40%, and then the price bleeds out until the next catalyst. The difficulty in being invested in a stock like WDDD is learning patience, for there is absolutely (and I meant the word absolutely) no way to tell when or what the next catalyst will be. And there is absolutely no way to "get in quick" during the catalytic run. By the time you try to get in, it is too late.

Therefore, when it comes to investing in patent plays like WDDD, you either get in, stay in, and wait patiently, or you don't get in. The third option will drive you nuts: get in and expect something to happen overnight.