First of all,we all have our views and approaches and I respect yours. I have re-read my post and really feel you have missed what I am saying about the progress that the company has made over the past 18 mos. or so. I am not emotional about my position as all of my shares are "free" at this time,as i have cashed in a portion of my shares long ago to recover my investment. I have been in the investment field a long time and have been very successful in my strategies. I have an MBA with a major in Finance and I have taken many courses over the years to enhance my knowledge in the investment field. I have over 30 years of expierence in the business. I feel confident on my approach to highly speculative positions,which i believe GSPG to be, and on my approach to more of the blue chip variety of investments where I apply your approach to a high degree.I do not disagree with your approach at all,it is just that it does not "fit" in my approach to GSPG. If I was to use your approach,clearly I would not have put a dime into this company. IMO,GSPG is a bit of a gamble(it is technically bankrupt),but if one understands the dynamics behind it,the potential payoff could be great. No amount of fundamental or technical analysis would tell me to have invested in GSPG when I did. I clearly took a chance on this one ,as I invested at the early stages of the litigation process,etc. and there was no way that the available data would have warranted any investment into the company at that time. I truly am pleased at how things have worked out and I am optimistic for the future of the company,based on currently available information. But this position requires constant monitoring,to say the least.
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