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emperor3605

02/06/09 9:47 PM

#3363 RE: GNOTE #3362

personal responsiblity

It is always amazing to me how many "perfect" investors flock to message boards. Despite a worldwide financial crisis, reputable large caps unable to get financing, and our banks being nationalized---a non revenue producing company is expected to defy reality and execute its business plan. They have a tentative ppa, a turbine provider relationship, and are inbred with Windcor--so can put up the farm. This is all meaningless without financing---which if it does happen is unlikely to happen for months.

So now its Rob's fault for the pps---or Tammy mislead you---or Larry raped the company---or its all a scam ---or you listened to pumpers on a message board. No---you made the investment. At this point in time none of us look very bright. But I am pretty sure I am the one who placed my orders. And if this does not turn around in the next 6 months I will be the one responsible for a bad investment. Ken Fisher's excellent book calls the market the great humiliator. The greatest investor error he notes is irrational pride---denying personal responsiblity for investing mistakes---because you will never improve. Get rational and point the finger at the guy in the mirror. I am still interested in the final act. No financing in 6 months --stock is at zero. If financing obtained -multi bagger. All that has occured is a reality check---no financing and no farm in this credit environment. We all knew that was the true reality at this point. Why are some so crushed?