Followers | 839 |
Posts | 120547 |
Boards Moderated | 14 |
Alias Born | 09/05/2002 |
Saturday, April 05, 2003 12:44:56 PM
Yes, one of the things I have been accused of is having a good memory. However, for some investors, a good memory can be a detriment (see below).
>> I am sorry that you are probably holding from the 20s but that has happened to all of us at one point or another… <<
My highest-cost shares are at $23 and my lowest-cost shares are at $0.79; I bought a heck of a lot more shares at <$1 than at sky-high levels, and hence my average cost is around $2.
All that is immaterial, however, is analyzing TMTA as an investment going forward. I base my investment decisions on where I think the company is going –not on where it has been. Obsessing about past losses is a gambler’s mindset and mostly a waste of time (except perhaps for tax planning).
>> My only agenda is to make money. At this point the only way for that to happen for me is for TMTA to be sold. <<
The company almost certainly won’t be sold in the short run; if you are holding for that reason alone, your investment is probably misguided. Regards, Dew
“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”
Recent TMTA News
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