RE:RE:RE:RE:AllDutches February 20 Prediction - Status UpdateExactly - To talk in terms of probability as in what you think will happen and to be able to adjust your thinking along the way - that makes perfect sense. But for someone to come on this board as Dutch did to say "based on what I know" the stock price will be a lot higher in three months - come on now - seriously?
To those speculating that I am out of SCY and am trying to influence people to sell so I can buy back in at a much lower price. Well the first part is true. I had a large position and sold it all. I do think further retail investor fatigue will drive the price lower but I doubt that I will get back in.
I hope things work out for those who hold on but my honest advice is to at least start to lighten your holdings and maybe you will be able to get in at a lower price down the road if that's one of the ways you invest. That's not my plan.
I found what I think is "probably" a much better opportunity in a totally different sector. I continue to follow SCY periodically from more of a curiosity perspective because I was invested for so long. I am also thinking that my two cents may be worth something to somebody.
Over a very successful career my philosophy has always been that it is okay to be honestly wrong but it is not okay to be intellectually dishonest - so I also try to call that out when I see it.
Peace.