Post by
SamDiego on Feb 11, 2023 2:22pm
TDMAN, THE BUSINESSMAN
I will give you another heads up TDMAN29, if you still hope to either be a true businessman, or portray yourself as one, you will learn the cardinal rule of moving inventory that you consider is dead. In your case, you would have sold all your shares for whatever the market would bear and put those funds in inventory that would be more active.
OKAY, do do remember that Beanie with the propeller on top that I gave you? Put it back on your head and listen closely because I might ask questions later.
You bought a can of beans for $.40 which you hoped to sell for $.80 within 3 months. Not only has the 3 months transpired, but it is now 3 years and that can of beans is still sitting on your shelf fueling your dreams os selling it for $.80.
Attrager who underwent the same circumstance kicked that dead stock out for $.25 immediately after 3 months transpired. Since that time he bought something for $.25 sold it for $.45, re-invested that $.45 many times over and now sits with $1.95 in profits from that $.25 investment. You on the other hand are still too busy dreaming about selling that original can of beans and going on tour telling the world what a great businessman you are.