OTCPK:ARLZQ - Post by User
Comment by
kuatoliveson Mar 16, 2016 2:13pm
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Post# 24665647
RE:RE:Tribute Results??
RE:RE:Tribute Results??As much as I'd like to wave the I told you so flag - I never wanted the merger to go through but resigned myself that it would - it really doesn't help to blame Harris and Co anymore because what's in the past is in the past. But no, they wanted to cash out and couldn't have cared less about their shareholders. There's an old investment saying "You can go broke being right" which I think *termporarily* applies here.
I haven't bailed, nor do I plan to because I had wanted to see the yosprala effect, so regardless of what the share price is/was today I'd of been a hold until at least that date upon which there will a re-valuation (either upwards or downwards depending on sentiment leading up to the annoucement).
So in the meantime, I just have to sit there and stare at the hundreds of thousands in losses I've racked up in the last 48 hours and recent weeks, but as mentioned, Adams has taken it on the chin worse than anyone with at least a couple million of his own money going up in smoke. I know it sucks, and TRX shareholders are locked in a bit of a liquiditry trap that we can't seem to do anything about - which again sucks - and further exposes Harris as someone who really didn't care about anybody but himself, but this is the reality. But as someone who lived through the 2008 Lehman collapse, I learned a while ago that kneejerk reactions are almost always detrimental. Still a hold. Actually a buy cause I've been picking up a few shares here and there so .... aint shook yet.