RE:RE:RE:RE:RE:RE:Long-term Investment Frogzilla wrote:
Funny thing Caminoguy, I have several financial holding that I've held for over 30 years, and I laugh every time Daryl knocks dollar cost averaging & longterm investing.
Dollar cost averaging is fine for longterm investing with established stable companies.
How's it working out for you with a volatile startup that dropped 88% since August 2021? TAAT is a financial disaster with lagging revenues, huge cash burn, huge loses, large relative Trade Receivables and very low on operating funds. Most of that bad news is hidden now by the HLND purchase but TAAT is still financially stressed and needs new financing soon.
Dollar cost averaging is not going to make an poor invesrment in TAAT suddenly become a wise investment.
The Daryls are the ones doing the laughing.