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eelfland

05/27/13 12:09 PM

#15426 RE: Mind on my Money #15425

Unrealized losses are still losses. There's an opportunity cost, if nothing else, and a tax writeoff that you don't get until you realize the loss. But rationalizing those losses is another matter. People like me don't have them because we never fell for the hype and bought any Steadco scam stock. And there are others who have no losses because they simply got paid to pump the stuff. They never bought any, either, so they have no losses. Kennay is a thieving liar. Buying and holding anything he is selling is a bad idea. Check his record, and check the charts. All the proof you could ever need is right there.
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eelfland

05/27/13 12:42 PM

#15428 RE: Mind on my Money #15425

Another thing: when KATX went to almost .25 a share, there were maybe a tenth of the number of shares outstanding as there are now, and maybe ten times the assets in the company, which have since been stripped. Therefore, approximately 99% of that value per share is lost. Lost, whether you "realize" it or not. Just holding something does not make it worth anything.

But that's KATX, and this is the BVIG board. How much have people lost on BVIG by not selling it as soon as they could? A lot. Maybe as much as 95%, in a short time. BVIG will never make money, unless it's by pumping and dumping stock, like KATX did. The opportunity for that is gone, since the SEC basically made Kennay come clean before spinning it off. He hasn't even bothered to keep the filings current. Another loser. Again, holding something does not increase its value.

As long as you're holding anything Kennay is selling or has sold, you're losing money, or have already lost it, whether you "realize" it or not.
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skyhawk66

05/28/13 1:55 PM

#15460 RE: Mind on my Money #15425

Agree, Majority have not sold a single share, scare tactics just will not work, Potential here is Huge, Patience is Golden :D

Only peeps who have lost are those who have sold....many here haven't sold and are holding for much, much better things in the future. I haven't sold and haven't lost a dime, didn't sell on the way up either and didn't make a dime. That's how this all works. Didn't sell on the way up for the simple fact that to me .2461 was not enough, and it won't be on the next run up either....time is a GREAT commodity to own, especially in speculative stocks with tremendous upside, like we all have here. Great to see soooo many people still here too. Good sign for sure.