My Apologies to the CREW bb.Well I must say that at times I do get myself in a bit of a tizzy. My rants that I have recently posted are pathetic and I must say I am embarrassed after reading them over.
I started buying CREW back in 2017 and within six years I had accumulated more shares than I ever have could imagined. Thanks to the COVID outbreak I would buy most of them at less than fifty cents. Saying that I never thought in 2024 I would still be here with my CREW shares. I had many opportunities to cash out at huge profits but greed has over whelmed my better judgement.
I get upset at CREW’s recent plunge mostly because I owned 4000 shares of NORTEL back in the day. 2001 to be exact. I could have sold at $124.50 ($500K) but I rode the NORTEL rollercoaster till it went right off the rails. I never made a dime. I vowed that I would never let that happen ever again has I had fallen in love with one company and I put all my eggs in one basket.
So here I am today even more heavily invested in CREW than I was in NORTEL and I get a little antsy when I see my investment piling up daily losses. I am still happy with my CREW investment, I believe they are a great company and they are very well managed by Dale O Schwed. Dale is not a dinosaur has I have referred to him as in previous posts. Far from it.
I just want Dale to wake up Monday morning wave a magic wand and by Friday afternoon CREW will hit my $8.50 exit price. I know that isn’t happening anytime soon but one can dream.
I have been asked why $8.50? No reason it just seemed like a good exit price to get out at and it would leave me with more than enough money for the rest of my life as most of my holdings are in my TFSA. I am presently in my sixties.
So going forward I will trust Dale as he owns 8 million shares himself and he too is in his sixties. I think us old timers will do just fine on our CREW investment.
IN DALE WE TRUST.