RE:You ain't no Buffet mermaidman, you just phoneyStocktree wrote:
And Buffet did not invest in this.
And you will not convince anyone by saying that you just bought shares again at this "bargain price". If you were sincere about the future of this stock, you would have bought new shares whether this had been at 55 cents or at 27. The whole schtick of the "competent businessman" going "I am happier everytime this goes down" does work indefinitely.
If you were a genuine interested individual, you would not be this detached about this story right now. In fact, you were more impatient before the 2016 debacle than you are at present. All clues, none the least being that you can endure STD's crappy posts, never mind agreeing with him, lead to the conclusion that you are just here pull people's attention away from the real targets.
Shaketree
Buffet's principles apply to all invesments...at least the one cited does.
If you do a lot of research (DD) and you find the risk/reward equation favourable, why not invest? If you invest (or divest) simply on the basis of today's share price - I would say that's risky.
Re: detachment. I have learned alot about investing watching how this one has "gone down" (pun intended)
Correction. I am not happier when this does go down in price. My blood pressure rises...but it's still within manageable limits. Once I figured out the game, and the probabilities of at least one big FDA success, it enabled me to hold my nose and buy more. Also, as long as I'm buying well below the insiders costs, I feel much better about doing so. To each there own.
Curious. What would you say is the intent of Mgt.? Or are they all just a bunch of bumbling fools in your eyes? I certainly would not stick around if I thought the entire team was incompetent. Nor would I post on the Co's SH bull board. But that's just me.
MM