RE:RE:VGCX Shock Therapy Is Now Complete!Kegman, don't beat yourself up, you and I with our significant VG holdings need to stay focused on the bigger / longer term picture and where we should be later this year and in 2025. After the run up, I expected a pullback to the low to mid $7 range (as I mentioned when I PM'd you) and this got beat down way past that but now seems to be recovering, so it will be interesting to see where we close. Let's watch over the coming days to see if the insiders start loading up on shares now that we should be at or near a bottom here. The news was worse than I was expecting but I suspect at least part of this sell off was due to margin calls and hitting stop losses.
Today's little haircut is exactly why I never buy any stock on margin, because days like today are bad enough when you own your shares outright, let alone having to worry whether the bank is going to sell them out from under you on a margin call. And then there's the challenge of maintaining a Poker Face when you sit down for dinner with your wife tonight...Lol. I learned that little lesson 30 years ago and I was lucky it only cost me $10k. Still have a margin acoount with plenty of room to margin my buys but will never use it. My Dad always use to say to me when I lost money on an investment, "Education Costs Money" and boy was he right.
I haven't yet decided whether to call JM now or wait until the Annual Meeting to ask my questions, since you don't give a murder suspect a list of questions 2 weeks before an interview) but if I do I call I will let him know you'd like to speak with him.
Also, I will PM you over the next few days with some Annual Meeting questions and we can decide and agree which of us will ask which questions.
Grab a beer and have some fun with your dogs and enjoy what's left of your day because this too shall pass. Like an old coworker always use to say to me "In a hundred years it won't matter".
HB77