GREY:SDRYF - Post by User
Post by
tillbillyon Feb 01, 2011 8:34am
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Post# 18053685
Venture Capitol
Venture CapitolHarvard99...do you really suppose someone on this board has more than 30% of their families money tied up in Ventures such as this? Venture capitol...the fortunes made and lost...are the reason free enterprise countries like USA Canada, Britain etc are not on the 11 O'clock news throwing rocks at tanks. Dad would still have his GCOS (High risk/No dividend) but they are now Suncor,(pidly dividend still high risk). but he still holds them. I still hold AGT share which are now TELUS. Without Venture Capitalists their would be no Oilsands, Microsoft. No Apple, no Ford, and that's the way it is.
The boys who took 19,500 dollars out of their pockets and bought 100k shares of SDX yesterday are gonna sell em at todays open for 25000$. Thats a 30% DIVIDEND. And they never went to Harvard.
Venture...TSX..all the same thieves...no doubt. If Holister never traded on the NYSE Conrad Black would have never seen a jail. TSX does not prosecute. I only Invest (hold long) in stocks that trade on the NYSE (Example Suncor, Apple).
The risks are still apparent but CEO's have to at least watch their dealings.
Thank God for all the fellas who bought yesterday...and a big kiss to the guy who sold me mine at .205.
GLTA