GREY:SWFCF - Post by User
Post by
Montrose2on Jun 11, 2007 7:56pm
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Dilligad
DilligadI really don't think this person is a "shorter".
Given his many references to "times gone by", I suspect he is someone who might have overextended himself on this issue when it once was well over one dollar. Having likely lost a lot of what he couldn't afford he now carries on striking back at that which wounded him.
There is a lesson in this, from my perspective anyway. I like many of you belong strongly in this play and have a reasonable level of confidence that we will see substantial returns on whatever the level of our individual investment. Having said that, this is still "venture capital" and brings with it significant risk. Each and every person should first assess their own "risk tolerance". I believe it was Paul Van Eeden(phoenetic) who said he recommended using the "Can you sleep test" (or something like that).
Meaning, if it is so significant in your own personal circumstances that the propect of either total loss or substantial downturn causes you to be unable to sleep nights, then get out of it. Or, as I would recommend, reduce your position to the comfort level.
In this meantime as far as Dilligad is concerned, the "proof will be in the pudding" for the rest of us. Be prepared to listen(read) his comments forever. I am confident that were the share price to go through 1.50 tomorrow, he/she would be on the board saying "tanking" tomorrow.
Montrose.