RE: CAJ has no technology to exact alumina and REE Investing 101
A) you don't own the company you own shares and the reason you own shares is to prosper.
B) technology and having or not having it is a matter of phoning people that do that work and
bringing them on board
C) depending on the company you either buy for a short period and see growth or you go longer to the end
D) investment item "C" will denote your time line as well as your exposure and tolerance limits (how
much pain can you handle)
E) the company may be worthless but the land holdings are not and hence the valuation of the
company is not. In fact this might be the greatest asset the company has held to date and depending
on how they develop the asset and partnerships they construct in the process this might be a real
money maker for them.
F) history in reverse, BREX was the greatest stock in the world and then truth hit, Magna was diving for the
grave yard then rose like a phoenix.
G) biggest investing rule in the box....if your not man or woman to put your money down and live with what
happens don't cry about it. I live by that rule and it's the best rule in the box and the sooner you
can rap your head around that one the longer and better you will do at the game of trading. Blaming
companies or other folks doesn't change the fact you did the trade. It's not play money any more.
old_dog