Desperado, I'm with you. However, whatever we get out of this fantastic investment will help. Some, it will make them rich, and God bless 'em. Others, like you and I, well, it will make life a little easier. I've lost my share in the market, and if this helps to put me right, well I'm certainly grateful for that.
I know that this will be a life changer for most if all goes well. I'm not in it that heavily - where I will retire - but if all goes well, it will set me up very well for other investment opportunities. This will be one nice trade for me, where it will be one holy grail for others if that makes sense. Because if this does hit, I think we will all have a moment of being awestruck like never before.
I hope we all make money here and everyone's strategy is different.
But when we start to head north, I will gladly welcome the climb and will be holding for a long, long time. Will I unload a few on the ascent to cover my initial investment? Probably. To each his own.
One of the key things to remember about this play in WMI is that JPM exercises lots of influence, legal or not, on this share price. Knight/ NITE, the MMs, and the tenacles or connections with owners of JPM point to manipulation. And there is complicity among other regulators due to old habits and general pecking order among business entities.
There is large institutional investment here and many signs are pointing to good things to come.
But, yeah, it's a pain to watch these prices languish here.
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