Sunday, February 23, 2014 8:12:43 PM
That isn't what he said. He is out because like you, he wanted to make money elsewhere. It doesn't take a mountain of brainstorming to come to the conclusion that there are other stocks. I own several myself, as do many if not all people that post here. So zinc had money to make elsewhere and like you again, he is keeping an eye on KBLB. The allure is clearly powerful. Though you hide behind a narrative that it is more difficult than it is going to be. To a degree, so does zinc. He has been wrong 2 other times and will be wrong again. Not for the interim, but that the time involved means something is wrong. It simply means it takes time and money to make agreements with a "gazillion" silkworm farms etc. It is happening and it is obvious.
Yes yes...under every rock....don't pick that one up. Having many problems isn't a show stopper. You spread the risk out between many nations and many silk farms across a nation and you limit the effect regional issues play. It is wise to expect them and clearly Kim knows this. No need to blow it out of proportion. Weather already played a part in delays, so yeah, when you have one place it makes the point.
Zinc dropped out twice before and will be back again. So really how significant a tell is it? He is learning to trade and not invest. I elect to do both, though clearly if you incorrectly interpret the time it takes for Kim to get everything done, without making phone calls to assuage your fears, then of course you will make the errors he has made in the past.
So I do not disagree with making money elsewhere. I do think people blow things out of proportion. Without weaves you cannot know if there are marketing problems. They are producing MS, so thinking there is a problem there...other than money and time limitations, is a poor conclusion. Zinc has done that now 3 times, ignoring the people that know. That is how speculation works with money in the mix. No harm no foul zinc's part....but blowing it out of proportion by making it significant.... well like I said, Z has a proclivity to thinking something is wrong.....but follow whomever you please.
“The game of speculation is the most uniformly fascinating game in the world. But it is not a game for the stupid, the mentally lazy, the man of inferior emotional balance, or for the get-rich-quick adventurer. They will die poor.” Jesse Livermore
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