I have to pay capital gains tax now, so I'd come out bad that way. I need a dramatic drop to below $4, which I don't see happening, to justify it. Which is why I think it's such folly to see so many people whining about a recession. Wishing they somehow were fortune tellers and sold everythign at the top. But if they did that, they would have sold a year too early. I was saying things were overvalued way before the bubble burst.
But they'd have to pay all those capital gains. So, no point. Just better to ride the storm. It all comes out good as long as you buy quality.
I think this is quality with a kinda shady mgmt. I actually trust NILE more than I do Gary and Stingray. I don't like their dilution which does show up in their accumulated deficit. That wasn't an accretive deal to Nasdaq. Stingray seems to be lining their own pockets with their decreased ownership percentage, and that irks me. NILE's presence is more in alignment with mine if I were still here.
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