I totally agree with your logic Celtics2011 and hope that SCRC will be the successful avenue to help heal the scars from the wounds that AMGN caused. I too, as is the case of most investors who have been in the market many years, have had their share of fish swim away. Unfortunately, what many inexperienced investors, (as we ourselves did) have to find out by themselves, thru the school of hard knocks, that most penny stocks end up at .001 levels from their original IPO date.
On the other hand, I too, can think back over the years to companies that I once owned, but prematurely sold, that have since appreciated dramatically. Indeed, as one looks back, he can only hope that he will profit from his investing experience to make up for his then, errors in investing judgment.
I do agree that when one enters the domain of Wall Street, he is going up against some of the shrewdest financial minds in the world. Thank goodness, I realized, as your experienced with AMGN, that a long term approach in the market is one's best chance for serious major success. If you have a moment kindly note my investment philosophy, which is illustrated in post #59171 on Mohacsy's Safe Portfolio Member Forum, which can also be found on IHUB.
Lastly, I want to express my surprise, especially after having been welcomed by several regular board participants, including yourself, that both of my two postings this morning were deleted. Not that it really matters to me, personally, for I have no intention of ever taking a position in SCRC, but, nonetheless, in all fairness to other readers of this public board, it only seems fair if both negative, along with the positive perceptions of a stock, be available for all to examine. GLTU.
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