RE:Questions for Long term Shareholders Here's a case study for you as to why someone WOULD NOT.
Lanny is TD's best friend. Goes up to bat for him constantly. Doesn't think he can do no wrong. Has Blake's cell number. Consider them to be buddies on some level.
LandL, you gave it to Lanny last year about his purchase of $4.00 shares. He shot back at you calling you a fool (real shocker) saying he's averaged down nicely over the years. So let's give him the benefit of the doubt and give him a dollar share average.
In May of last year (the 10th to be exact), Lanny chirped a fellow board member who only had 50 grand in BONE. "You put a whole fifty grand into this... WOW" was Lanny's comment. So let's assume Lanny threw 250k at this (5 times the amount he laughed at) and assume he did so back in 96.
Had lanny got 5% on his money per annum, he'd be sitting just shy of a million dollars with 250k. Instead, his 250k (at a dollar) got him 250,000 BONE shares, currently worth $16,250. A loss of of 93.5%.
Coming full circle, if Lanny, Tim Daniel's proverbial lap dog and BFF, lost almost 94% of his money over the last 27 years; what other indicator do you need to NOT invest money where TD has control of anything?
I rest my case.
PS: I acknowledge Lanny has a much larger bag than what I've articulated given that he has purchased multiple PPs and received warrants that have never once been profitable to redeem so the calculated losses are probably worse than demonstrated.