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Titan = Retirement

09/11/20 8:59 PM

#115439 RE: Rollgard1 #115434

I appreciate your analogy Roll. You have a calm and enjoyable weekend. Yes,it was a traumatic week, and too much conflict between so many on this board. It's not easy for any of us that have o business in NYCwned this stock for so many years. I'm dubious and skeptical at times, for me the next several weeks will dictate if I stay fully invested. I wish everyone success on this board. Cherish the knowledge of those that share it with us. I lost my business in NYC after 9/11 and am thankfull to be given another chance. My thoughts are with all the families who lost loved ones.
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Geo2014

09/12/20 2:00 AM

#115442 RE: Rollgard1 #115434

Many of us won't miss the big day if/when we wake up and find out Titan has been been acquired because we still own enough to make us happy if/when the day comes.

Now a RS and raise on the other hand will be a kick in the balls. BUT, we have some powder set aside now just in case we take a big dip in share price.

The BEST part of this for me personally is the capital loss on my sale of 33k shares this week is $187,000 - yes, that sounds like it sucks... BUT, after 30 days, I have a nice large capital loss to help offset any future capital gains and I may be able to buy back my shares (and more) at a discount at some point as well. Since Titan is a PFIC, this may be a great benefit if/when they are acquired.