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skyrocketinsight

07/22/10 4:54 PM

#49095 RE: skyrocketinsight #49094

Warren Buffet's theory on investing.

Buy when everyone is panicking and sell when everyone is greedy.
Some do not think pinkies fit the bill, but I have seen it take the same path over and over again. The scared ones who sell usually lose because they are too AFRAID to lose money.

Those that aren't afraid to fail hold on to what they have when they deem it appropriate.

I believe with all of the news of late this think is setting up for a big run. All of the naysayers want to buy up big time and are trying to pry the shares out of the scared tiny investor (with not much money to lose).

If Mike is a good business man, he will not R/S this stock. He now knows a better way to get out of this mess and bring in some bucks. I am going to give him the benefit of the doubt, because you know fisherman never lie (hah hah).
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deri21

07/22/10 6:16 PM

#49104 RE: skyrocketinsight #49094

I am telling you a fact. Mark said that he is leaning toward a r/s. Second, I have boatload of shares and clearly told him that I would not be favor of r/s.