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that's known as what's called "buy low and sell high". Others know it as "taking a profit". Really weird for someone to want to profit from their investment. I don't understand.
Well said. LTF just can't win on these boards sometimes. Even when he's right and claims his prize money he's still somehow "bad."I'm in EMMS because of LTF. Unlike him, though, I'm holding.
Ditto, although selling at the point he did and then buying in again when EMMS gets back to a rational level is not a bad thing to do when you own as many shares as LTF does. Nice move and hats off. I believe the big jump is still coming when the whole issue with the preferreds is settled.
I agree 100%.I do not see anything wrong with Stabosz selling and taking a profit. In his place, I would have done the same thing.Even after this 13D filing he still holds a huge position in EMMS although from this point he can sell (or buy) privately as long as he stays under the 5% threshold.
Gosh, that's a whole lot of thoughtful commentary, I must say.Diversification needs are not to be ignored, when your largest holding has more than doubled in value from your average purchase price, in a matter of weeks.That doesn't mean that Emmis isn't still undervalued. (The way I value its assets, it still is.) It just means it is LESS undervalued.