COMMENTS TO THE BOARD:
1st happy holidays to all and yes I took a gander at the photo.... nice group.
1) Don’t be so sure that NEOM deserves a higher valuation than is has at this point in time. Smart Money does not put their chips on the table on pure speculation. And make no mistake...that is what we dealing with here. That is too much of a gamble for Wall Street when playing with other folk’s money. When/if NEOM starts to gain a steady revenue stream on Paperclick you will then see interest turn to action as the unit should then help the Paint unit march towards profitability.
2) It’s always fun to guess the high of a stock you hold for the following year (and I am sure they are all much higher numbers) but it likely does you a disservice. It forces a predetermined bias that does not allow you to see warning signals (should they appear) along the way. Is it common, yes.....is it smart....ah, you decide.
3) At some point each and every person on this board will have to make a personal decision on when to sell. It might be tomorrow, or it might be 7 years from now. While the "buddy" chat can be fun in chatrooms, at times, It also fosters a group bias/mentality...surprise!...to the upside. I would strongly encourage every person to be prepared to make individual decisions by uncoupling their emotions from the board’s bias. It's NOT easy, but as I have said before EMOTIONS are the biggest enemy of a trader/investor. I have seen countless times where Panic bottoms cause capitulation selling and euphoric tops cause buying and "to-the-moon" predictions.
In summary: The ability to check your emotions at the door and know what you own with a PRETETERMENED exit point is a great foundation for success...but.... it requires INDIVIDUAL thought and action.
Finaly, I hope you don't read my post as cynical (I am still long) but nothing I do in the arena of investing/trading is based on hope. Ever. Sometimes I just think this board can use a little dash of perspective.
Go Trojans!
Chartist1
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