RE:RE:you're only a "loser" if you sold for a loss I always have a laugh when folks like rad10 resort to derrogatory names of the posters they're replying to. I think it was Pierre Trudeau who said to his son, the current PM no less.. " Never criticize the man. Only his beliefs." Given the anonymity or supposed anonymity of this forum, to mock a poster's handle is not only adventitious, it's juvenile. I believe Pierre also said, in response to then President Nixon's derrogatory comment of him post-haste a visit to Washington where our then PM denied his request for troop support in Vietnam.. " I've been called worse, from better than him."
In reality, I've bought and sold Nobilis over a three year period and very rarely lost on the trade. Nobilis is a portion of my investment holdings and the remainder of my holdings prosper to the degree where I've no issues holding longer and until I earn a profit befitting the potential of the company and in consideration of both present amd future market considerations.
Notwithstanding.. rad10, thanks ever so much for your education in "opportunity cost". I'd never in 30 yrs investing have understood that without you. Given I'm even responding to your post brings your point home ever more clearly of the opportunity cost of time wasting by replying, when I could be fishing.
Beware you little Cuthroat and you slabby Steelhead.. HERE I COME !
rad10 wrote: au contraire lamp oil - losing out on great market gains in quality pharma and returns on financials etc = lost opportunity cost........................... Do you really think you will recover your cost basis in this name?
Not buying the "everybody gets a hug and a participation ribbon" theory..............