RE: RE: CMK-OpinionThis takes the cake!
I have been posting here in my spare time for a while now, but this post is SOOSOO funny.
HOW LONG must I hold?
If you actually have to ask this question then you don't know a thing about profit. You seem to be tring to win the lotto.
GOOD LUCK.
Here is a good hint, don't take it lightly cause it's the way the game is played.
When the management of the company u own sell their ownership it can be for plenty of reasons. 99% of the time it is for this reason. PROFIT!
If you are thinking that you know more than the managers of this company then hats off to you, keep your 200k for the long haul (hopefully you can sell before the cycle ends) But my money says nope, you don't. So when you see executives selling off their ownership in the company, strategic partners selling off ownership, it's BAIL time.
High risk company's like this one that have insider selling of this magnitude usually means that it's over priced.
We look for this company to produce profit for it's shareholders (yep that would be u), and that will be quite a while from now. Until a company becomes profitable, it's just a speculators dream, a gamblers fix. herd mentality.
Dreaming of a huge payout? a big cheque? For many other pom- pom ..ers on this site that is what they want.
Personally I think you don't have the 200k shares. why? cause that would mean you would (have had) $1,000,000 in equity just a short time ago. And, if that was the case, or if you've ever had this kind of $$, then you would know just how to KEEP it. And believe u me, it's all about keeping wealth. Not earning it.
But still,
Good luck to you pom pom ers,
I'll stick with mega profit EVERY quarter over at the other coal companies
2 months from now they can buy this company with 1 quarter of profit. Not like they would though. If they did I'd sell that too.!
JB OUT