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RiversRun

01/06/21 7:33 PM

#8164 RE: JohnCM #8163

John, I don't begrudge you for taking your LHSIF investment $ off the table when you did. I have held and bought this for 3+ years, so am well aware of the issues all of us shareholders have experienced, and quite honestly contemplated moving what I considered "dead money" elsewhere many times. I am very much aware of the opportunity cost in holding this while missing out on gains elsewhere.

I however, chose to be a realist in knowing what we hold in terms of physical assets and future profit potential, and have always considered it a matter of time before this would either make it on its own or be purchased at a fair market value by a larger MSO.

Your characterization of me "demanding more" NOW is both incorrect and insulting, to be frank. I am sure that you can dig up a few of my past posts that document my belief that Liberty was seriously undervalued. Unlike you, I chose to hold and average down over several years, knowing that NOW, as you say, would eventually arrive. Now is certainly different than 2 weeks ago, in light of the Dems GA runoff sweep. Yes, NOW is different. It most certainly changes the EDITDA forecasts the deal was predicated upon.

You chose to leave, and I am sure that you made out well with the reallocation of your investment. I have read and appreciated literally hundreds of your posts on several boards and find you to be well read, quite informed, and knowledgeable. However, I take umbrage at you mistaking my valid and proven realization of Liberty's true value for "typical human psychology." Additionally, while I agreed with many of your posts that expressed your concern over the "dormancy" of LHSIF share price, I never quite understood why you stuck around in this thread to admonish the rest of us for remaining. Please explain that. Perhaps you had some regret in your divestment of Liberty?

In fact, to take it one step further, I would argue that sticking this out versus allowing others to assume my shares at a severe discount, actually defines my psyche as quite atypical and contrarian. Typical human psychology made literally hundreds of investors, including you, sell and leave before pay day.

Again, I don't begrudge your decision to sell. But, don't confuse my desire to gain fair value for my investment as greed or simple human psychology. That jab, sir, was very much beneath you.

On a lighter note, the Anthony Lynn regime is over, so as a fellow Charger fan, congratulations!