Be careful what you wish for....Look what happened to TDMAN29, Part !
How is the following an example of sound money management and investment skills? Even the most novice investor will walk away numb after reading this showcased chronological account of TDMANs actions and words taken from his own postings on this forum.
TDMAN29, under his own voilition bought shares in YFI and later increased his investment by way of paricipating in a PP. According to TDMAN, this was a substantial amount of money.
The stock rallied up. He did not sell any freetrading shares, or played it short on the leverage of his PP position.
The stock peaked and made strong overtures that it was heading south. Not only did TDMAN refuse to sell to mitigate any lossess when encouraged by other investors to do so, he began posting predictions that it would go even lower. He even implied a threat that should he decide to sell all his freetrading shares it would destroy the market by driving down the prices into the basement.
Finally he posts and admits to selling some of his position, and then immediately commences to blame the company for his predicament.
That is tantamount to a neighbor telling TDMAN29 that he should consider to build an outhouse because it might provide better benefits of going behind the farm in full view of his neighbours. TDMAN does just that, uses it for 4 months happier than one of his pigs in ----, and decides that if he increases the size of the hole, his pleasure will be tripled. He does just that and the next day when seating himself he falls in up to his neck in ----.
TDs` neighbours to this day can hear him screaming: "Look what you did to me, it is all your fault, and you are still telling others about the benefits an outhouse can provide. I am a corporate leader of a company the Buffets of the world are begging me to go public, one such leader even wooed me by riding in his limousine. These are facts. I am the King of facts. And that`s a fact too.
Never once since the day he first fell in did he ever pause to listen to his neighbors reply: "You decided how large you wanted the seat and you obviously enjoy the self imposed predicament that you find yourself in today "
The fact is: "Your narrative don`t make a lick of sense to anything but an unqualified greenhorn wanting to play big man by impressing an audience who is till wondering why he never chose to climb out of that outhouse pit."