GREY:SMBZF - Post by User
Comment by
himmleron Mar 31, 2018 10:55am
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Post# 27810208
RE:RE:RE:RE:Is there any HOPE
RE:RE:RE:RE:Is there any HOPEWell lets put it this way..I never "believe" in any stock...especially a penny stock.I gamble with it ..pure and simple..I'll go a step father and say I dont believe in any company.It has religious overtones and I only buy into a company for investment purposes..I couldnt care less what the company does.
I invest(or gamble) plain and simple.If I didnt want risk I would buy GIC's or governmrnt bonds..or my mattress.lol
So in all the years investing in stocks..I'll say this about Simba...it doesnt look good I'll admit,but I can give you a list of loser stocks that have risen from the dead and are actually doing quite well...it took anywhere from 5-18 yrs..but some I never sold and still have them.But truthfully I've lost many as well.
...So...what I do is use a grander strategy..I use these stocks as a tax loss...both to use as a tax advantage for capital gains due to my property sales and..of course offset losses on stocks.
We are all different Kribban,and invest for different reasons..so it doesnt matter what I think about SMB (it never mattered what anybody thought after all)..but for what its worth..I will ride this to zero if it happens.To be truthfull I've written it off a year ago in my personal finances...so if it survives..its a bonus.
This is rather long winded post..but treat this stock as a loss..zero isnt far off....but speaking of 'beliefs' ...Lazarus rose from the dead..Simba could too LOL.