Heroes To GoatsIt's funny, but when a stock goes on a tear, management is considered great, options are granted, there are smiles all around. Remember last year when T-shirts were handed out and everybody fell over themselves congratulating each other on how clever they were? Apparently, you could literally feel the love.
Now that we are in the dumpster, the same management team is derided, accused of greed and chastised for failing to communicate.
Let's face it guys. We have nobody to blame but ourselves. If one could just remember to sell when everybody is in fantasy land and buy when everybody is running scared, life would be richly rewarding.
As it is, we may manage to scrape back a little of our hard earned cash with the passage of time, but I, for one, do not expect to see any market hysteria like we had any time soon. Tough luck, but that is how wisdom is bestowed.