Wednesday, March 01, 2006 3:03:30 PM
actually much of my day is spent at my desk, I spend a great deal of time investing in stocks as a way to augment my income and get ready for my retirement from practice, and lost a good deal of $$ on this stock and am still intrigued because if half of it is true (I still doubt it) then there might be a great buyin price at some point and the future might hold a gain of a few million for me if I choose to go whole hog on this one if the tiome becomes right.
I watched one stock for three years day and night and bought within two days and .50 of the low (going up) and made myself close to 2 million dollars. Did I waste that time?
Besides by taking a contrarian view and being somewhat abrasive I get the most realistic viewpoint I can about a company.
In the case of a good company I can get five or 6 arguments about why this is bad or this isn't happening. All I get with grifco is why don't you shut up or go away if you don't like it, or sparky calls me names........
besides Im spending less time with this one, about 5 min per day now, getting less, as the pciture seems to be fading away.
I like ot focus on stocks that will eventually have some hope of making me money and this one is about as long shot as there is.
in fact, there isn't anything positive about it that comes out without a LOT of backroom digging and or whispers
ok that's 7 minutes, now I'm gone for the day
Zona is still on a tare by the way
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