RE:I've made several million dollars investing WaveStructure wrote:
during my life. You would think that maybe a few people who would like to do the same would listen to reason from such a person, but it seems they'd rather shun it and go with wishing instead. ;)
Just gave you five stars!
Totally agree. First rule of investing (well maybe its rule 5) is don't fall in love with a stock. You lose you objectivity. And that seem to be a mistake a lot of people are making. You make irrational investing decisions. Driven by emotion rather than hard facts. I have scanned messages dating back several months and the reality is I have yet to see any solid indication of imminant growth in revenue. There is a lot of sheer fantasy about what if scenario and people holding the stock as a lottery ticket...... So yes expecting even a 25% return (ie. 0.80) in a short period is totally unreasonable.
Check out any one of the hundreds of other Bullboards on here. Stockhouse is littered with stories of companies just about to strike gold. The reality is most of them never do.
You speak the truth.