This message goes out to any investor in TBET who comes on this board for anything but entertainment purposes. If you make investment decisions based on anything written here, sell all of your individual stocks and immediately stick the money into mutual funds. The common theme is that pumpers and dumpers are the primary posters on this board, but in reality the majority are a collection of morons. Those who say that this will be approved in the next few days at the latest: morons. Those who write that this is a complete fraud and to exit immediately or lose your entire investment: morons. Anyone who says this is a done deal: yep, once again, morons. I am long the stock, approximately 100k shares, but not because I think a deal is imminent. My decision is based on valuation and earnings. If the deal isn't approved and I don't realize a 100% return in the next few days, weeks, or months, that won't cause me to lose a wink of sleep. None of these people are money managers and investing based on their recommendations makes you as stupid as they are. If you're going to invest based on expert advice, mutual funds have professional managers. Just a thought...
Great post and I agree with you for 99%! The only thing I want to add to your post. Don't let yourself influence by what people say. The real morons are the folks that trash this company with allegations that don't have any basis.
LOL! if the folks who trashed this company with allegations that DO have any basis, this stock would have fallen lower than the $0.8 price before the MBO news instead of ~2X to $1.5x.
Classic fear vs greed. Bulls Make Money, Bears Make Money, Pigs Get Slaughtered. You do know what wisdom the phrase tries to impart right?
I concur with all your points except that you might begin to lose some sleep unless US$150K represents less than 10% of your asset and that the share price collapses sometime in the future due to a black swan event.
Was thinking the same, uncle. By the very nature of this - a small, foreign company for which we really can't know much of what is going on for sure - needless to say it's speculative. Something to trade when you think you can win on its volatility, and for longer durations, something maybe to hold a spec sized core of shares. 100k would be well beyond my spec levels.
No offense is meant to those who posted on this thread (all but the last and I'll get to him in a minute), but these responses are the exact thing to which I'm referring. For every example of success you provide, you leave out the failures. If you try to claim a one-hundred percent success rate, either you're a liar or should immediately head to Vegas. One percent (stretching it) of the people who post here are professionals. Blindly following the advice of someone on this board is one of the primary reason Edward Johnson created the first mutual fund. You aren't a savant, and anyone who follows your advice isn't smart.
As for the last poster who said what I wrote was a waste of time, newsflash, moron. You obviously read the post, and were compelled to respond. Seriously, whose time was wasted? Unless you return to your village soon, they'll appoint another idiot meaning you'll have to find a new job and move back into your mom's basement.
I should have mentioned that I was asked to post my thoughts on the stocks movement. Not looking for any pads on the back, only pointing out that one mans entertainment may be anothers bell ringer. Afterall we aren't trying to buy stocks to lose money. Have nice afternoon...
I understand your premise, but I there has been times when I have learned valuable information from the research of others, and I have tried to share the same when I have the ability. So, entertainment, yes, but with the rare nugget of research making reading the boards worth the effort, in my opinion. You just have to be able to separate the wheat from the chaff, which is really quite easy.