Post by
IWillRetireSoon on Aug 06, 2015 3:07pm
Bagholder Confession
Keep on using your bandwidth... I baghold ISP's too. Here is a lesson for 8 year olds ; about 35 years ago I was sold a stock by a boiler room operation. It crashed to pennies, then delisted. I learned my lesson - Don't listen to others - investigate..... Well let's bring it up to 2015, same company (I never sold it) however it had some intrinsic residual value.... and is now a major Canadian manufacturer of rubber and just boughtout a US military manufacturer of bio-wear (rubber boots, gloves and gasmasks).... Airboss now trades at around $25. Lesson number 2: Dig deep and see the true value of a stock. As for us "bagholders" of TST - it has a lot of intrinsic residual value based on the intellectual property it owns, more than its current valuation. This may be a foreign strategy to you but it does work. You, I presume can only see profits in short term SP fluctuations. Yes, FDA will affect share price but no matter what, MCNA is the asset of value here. We bagholders are not the stupid ones here. And I hope you understand that some of us bought TST in low 20 cent range, so no red here. Any chance of an adult responding here? I won't hold my breathe though, leaving town again. NowRetired
Comment by
13PunterDog on Aug 06, 2015 4:32pm
Great Post Retire! Just felt compelled to say it. GLTA Longs 13PD
Comment by
oakey123 on Aug 06, 2015 4:51pm
so right ,bag holders with a 50% gain so far lol havea great weekend you lucky bugger !
Comment by
DryBones on Aug 07, 2015 12:30am
My bag has two nuts in it. One is TST and the other is PLI which is up 20 x's from my lowest purchase price. The princess is a 5 cent sl lut. Good riddance.