Our year??Well, I'm coming close to going full circle with MOA. A few more cents and the sp will be back to where I made my first purchase, back in January,'02. As it rose, MOA developed into my best held stock. Had I sold any time during the last few weeks leading up to Nov. 5,'03, when the sp peaked at $1.46, I could have profitted approximately 60k. Lesson learned...euphoria is a very dangerous emotion to indulge one's self in when playing the stock market, possibly second only to the characteristic of greed! Throw in a little stupidity and the recipe for disaster is pretty much complete. As the decline began, I initially felt surely it would only fall so far, and then, material events, that is, action on the ground, would turn it around. When some time had passed and the trend was still down, another pitfall in character took hold...stubborness. I refused to sell, and chrystalize the loss of all that wonderfull profit! Eventually, at just above my average, I sold about 15% of my position, which went into AFK, and then, in a takeover into ELD, where I currently sit on a double, with reasonable potential to go higher.
What lies ahead for MOA, I for one, will certainly not pretend to have any consequential insight to. Certainly I will pay no further heed to anything put forth on this board. The icons here, I have come to believe, are full of themselves, and full of BS. Some, the insiders, (you know who you are), have enjoyed an advantage all along, and have no doubt had very clear agendas pertaining to buying and selling. How fortunate for you. As for management, the last time I talked to AS was in the spring of this year, and the main point I remember from that conversation was him telling me that this was going to be our year. Uh-huh! OK! Astounding!
Enough. What to do now? Buy more and pray for a "Hail Mary". Not just now I think. Perhaps the sp will return to $.08 when I recall someone posted that AS couldn't even drum up the interest for anyone to buy him a coffee and listen to his story. Sell my still considerable pile of shares, try to disslove my bitterness, and move on. Probably not. Sit on it and do nothing. Most likely, because, unfortunately for me, that seems to be what I am best at; and therein I suppose lies the key to my investing failures...indecision and inaction.
I'm done. No more musings or rantings or whatever you all see this as. I'll not likely post here again. I don't suppose anyone will mind. I just wonder...how many others in this dear little family have similar thoughts to mine? Sad, soooooo sad!