GREY:BIXZF - Post by User
Post by
buba1on Jan 09, 2011 1:21am
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Post# 17944753
Investing vrs speculation
Investing vrs speculation
I think we would all agree BXI is essentially a pre earnings concept story for the next few weeks.
Pre earnings stories are considerd speculation
,with many unknown factors hence the term speculative.
This seems to be a difficult concept for some.
Trying to apply earnings based investment criteria and expectation to a pre earnings story demonstrates a high degree of ignorance.
An investment operation is one which, upon thorough analysis, promises safety of principle and a satisfactory return. Operations not meeting these requirements are speculative.... An investment operation is one that can be justified on both qualitative and quantitative grounds." Security Analysis, Graham & Dodd, 1951 Edition
If you don't understand bxi is a speculative stock you should sell,and get off the board.
If you believe the story has some merit please add some value ,if your just here to rant about BU get lost ,we know the game you guys are trying to play and its not working just look at the charts , production facilities and timelines,oh I forgot BU has none.