LFD to new highs this week??Hello Everyone,
We are on the 4th leg of a step ladder going to new highs. I sincerely hope that we are on target to hit 40 cents this week.
Thank-you EOIM for disclosing your position, I do believe you. Thank-you also for your analysis and your timelines. Keep it simple so that investors and, new investors understand the tremendous gem that LFD is.
People find it difficult to believe that wealthy people consult the message board. I am wealthy and do consult this board to share my opinion, to debate points and to keep up to date on any negative critic. A wise investor listens to all parties, good and bad.
If you want to become wealthy, you need to change you method of investing. I will repeat that diversification and trading around a core position is a waste of time. What works is: Loading up so that you have maximum leverage when the stock rallies.
Sure there are risks. To minimize these risks, one does various consultations in their due diligence. You study management, you see if investors are buying, you study if outsiders (wealthy individuals) are buying, you study political situation, you study assets under development, you study company contacts, you study companies financial position, you study companies track record and management track record, you cantact the companies offices, you study web presentation, you contact third parites whom have material position, you study analyst reports, you study the charts, you study competitor situation, you study valuation given for companies in similar position, you study short position, you consult message board, you review all negative critics, etc....
In essence, prior to plunking down $ 1 million, you do significant due diligence. Once you are satisfied, then you LOAD UP, you hold your position and await for unlocking significant asset.
Most investors many have a variety of investments in other stocks. One will need to look at potential of other stocks. If LFD offers more reward, then sell all of your other stocks and LOAD UP on LFD.
A very important validation point for LFD has been its ability to attract SOROS as an investor. This is huge. He conducts massive due diligence including visiting the property in person. He is also the policeman for the company ensuring that management remains focused on shareholder apreciation. A small investor cannot compete with SOROS and his massive resources for research.
If SOROS, says LFD is a solid investment providing a massive return, then who are you and I to argue. SOROS has an incredible track record of returning shareholder wealth even when economy was plunging into chaos.
The fact that Good40 is on this message board is good news. He holds no position. He works to scan any negative news for you so that you are up to date. He is a paid basher earning $$$ for each post. His identity is now known. The longer you listen to Good40, the more of the rally you will miss. Look, I am up 75% and Good40 has been negative from the start.
So who will you listen to? A person whom flaps their gums for a salary or someone who is up 75% and has fully disclosed to you my position. Like they say, money talks (Taxdemicco), bulls*hit walks (Good40).