Hulk - your SNDY (related) post made me remember a letter I had published in Barron's Magazine about 20 years ago expressing the same sentiment -- If we all had the proper foresight to invest today, knowing what is about to happen in the future.
Hindsight shows us down the road what will later be fact(s). But, we do not know what the future will foretell for most stocks on a daily basis. We give our best shot, using the information and intellect we (may, or may not) have.
Why sell SNDY at .005 when the trend says .01 is days away?
Why sell SNDY at .02 when the trend says .03 is days away?
Why sell SNDY at .10 when the trend says .25 is days away?
In hindsight, we can see a peak of .02 for SNDY would have been the best selling pps. But the day .02 occurred, none of us here at IHub knew that to be the peak pps for that given pps trend.
My Barron's article stated that hindsight could have made me a multi-millionaire. But my actual Schwab account showed a much different account balance. Oh, the wisdom of knowing the future. I lack that wisdom/insight. Thus, I hold SNDY because I believe in the direction and the future of SNDY. I have rambled long enough. GLTY.
GLTA SNDY longs.
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