TRANSGAMING INC. V.TNG

RE:RE:RE:RE:RE:RE:RE:Curious it is-but readily apparent

[shawshank]

Goes to prove the old adage that a wise man has something to say whereas in your case a fool just has to say something.

And you own it...rather well.

SS

yyz123 wrote:

shawshank wrote:

 

yyz123 wrote: Ya have to laugh. Shankwank (claims) he sold half his shares at a double and is sitting on half free and clear. His 100% profit is now maybe 15%. He could have taken that 100% profit 9 months ago and grown it even further. But instead he has watched it erode by 85%. 

Which of course helps me reach the conclusion the shanky didn't sell half. He's sitting on a big loss and just couldn't sell. Nice story though. Just not believable. 

Yzz...an eroneous conclusion for I copy and pasted my trade at the time.

I am not concerned about the decline as what position I hold is free and clear with OPM...other peoples money and is a practise I employ on all stocks not just TNG to mitigate risk and unforseen catastrophic failure.

Having said that the position I do have remaining is no longer in due diligence mode of tracking but more in due vigilance and I take a long term view vs micro managing management as so many posters are prone to do from the seat of their Levis sitting in an obus forme chair watching the bid and ask on a minute by minute basis and bias.

And I dont post much on stocks that are non spec in nature and have been long term holds but stil my handle can be found on the stockhouse thread occassionally and even going back several yearsto in core  holdings such as  Berkshire Hathaway Baby B's BRK.B NYSE and Bauer Sports Performance (since changed its name) formerly BAU on the TSE.

 

Dosen't work for everyon but it works for me and have had success with that managing risk strategy over the years and only get burnt when I deviate from the practise of it...c'est la vie.

BUT FWIW? I would never buy millions of shares ala one clown on this thread-try to convince an entire thread of holding  it for 7yrs and than lament over and over negatively daily about management and the direction the company is taking...that two positions are inconsistent with each other and actually border on the edge of preposterousness-for in the end we all post to our positions-it becames transparent over time-for each and every one of us.

Now one cuts off their fingers to spite their hand-especially in investment land..no one.

Later

SS



 

LOL. So you've watched as 85% of your profit disappeared. And it's OK that you didn't take the profit and then put it to work for the past 9 months. That pretty much confirms how much of a liar, or how stupid you are. Which one it is, who knows.