Monday, March 10, 2014 9:53:15 PM
Edit: Z, sorry, I misunderstood your question. The stock I am currently completely out of is the biotech stock. I hold significant shares currently of both XXII and SPIHF and even a little still of DSNY which I think will do well in second half of year.
No, I hold (at least to me) a very large amount of XXII and a decent amount of SPIHF currently. I have already made more money off XXII than I ever dreamed possible and have checked a major financial goal off my bucket list.
Once the spike dies down on XXII (4-8 weeks or so) I will convert a large amount of XXII to SPIHF so that my holdings of SPIHF will become quite considerable (and much larger than XXII at that time) in anticipation for the blastoff for the rest of the year and the possible sale first half of 2015. (IMO)
Once SPIHF has run it's rocket launch (second half of 2014) and possible sale (first half of 2015), I will take quite a lot of those profits and put them back into XXII to have an extremely large holding so as to take advantage of the considerable dividends I expect XXII to start paying 3-5 years down the road. I think these will allow me to live however I wish without ever having to touch my principal (unless wife and I go over the cliff and just start buying crap because we can)the rest of my life.
If that time comes, I become a major philanthropist to the little guy, not the lofty non-profits that to me are pure BS or donating to some BS college so my name can be put on a building.
No, I hold (at least to me) a very large amount of XXII and a decent amount of SPIHF currently. I have already made more money off XXII than I ever dreamed possible and have checked a major financial goal off my bucket list.
Once the spike dies down on XXII (4-8 weeks or so) I will convert a large amount of XXII to SPIHF so that my holdings of SPIHF will become quite considerable (and much larger than XXII at that time) in anticipation for the blastoff for the rest of the year and the possible sale first half of 2015. (IMO)
Once SPIHF has run it's rocket launch (second half of 2014) and possible sale (first half of 2015), I will take quite a lot of those profits and put them back into XXII to have an extremely large holding so as to take advantage of the considerable dividends I expect XXII to start paying 3-5 years down the road. I think these will allow me to live however I wish without ever having to touch my principal (unless wife and I go over the cliff and just start buying crap because we can)the rest of my life.
If that time comes, I become a major philanthropist to the little guy, not the lofty non-profits that to me are pure BS or donating to some BS college so my name can be put on a building.
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