thx for the sentiments. of course I know market down for quite some time now. been in it non stop one way or the other for umpteen yrs my friend both short term, mid term trading and base long term positions. broker for 35yrs. sold out to cash at 13k ish before the big crash, bought back few weeks later in varied index funds for the most part. always keep out 10% fun money for a stock here there etc etc like Dr. Frost stuff, some high dividend stuff whatever. so over time I'm fine and dandy thank god:) now if we just continue to say bye bye to stupid endorsements Tiger's bag logo, Jen Selter's #$%$, Kapernick etc etc we can move forward maybe quicker!
60 days later and now below 2 bucks. wonder how Drexler and Wyn are feeling bout now. His saying "I got skin in the game" doesn't seem to be workin so good my fellow longs. keep thinkin we hit bottom so as to actually add to my position and average down, but this confounds even my 40yrs of equity investing. on paper, product and distribution locations are solid but the inner stuff might be beyond hope. Hears prayin we don't get crushed with a cheapo on the dollar buyout before a turn around if that ever happens.
thx for the thumbs up back when...check out my IDI 3yr trade short/long term stuff posts. IMO jump in. bought back last week as I said 4.70 and now up nearly 20% not to mention todays blast up on huge volume even with market crash! somethings happening :) even if no news, chart shows this bottoms 5ish and heads north 30-100% every time. plenty of room north to go for even short trade man...IMO
strong release statement on this and that on this and that etc etc and yet the pps tanks huge on decent volume.....get your bucks ready for nice trade profit near term per my recent post maybe buy a bit here and there as its hard to pick bottoms anytime but with a little short term patience for a bounce, u got money comin into the bank! imo hasn't fsiled me yet in past few yrs
All I can say is perhaps I just got lucky, but follow most Frosty stocks and made nice money. held some, hold some, still do and have watched some over the yrs and been trading some while buying in at near lows. Have done same with IDI although admittedly first bought it as a media company which we know was a washout. since the IDI merger/buyout, have trading this basically every time it hits bottom around 5 and sold it when it doubled about a year or so later. nearly doubled my money three times so far in three yrs each time so as u can see from charts, I'm getting close to pulling the trigger. take a look. Just my own view and BTW, I think that Tan dude if u look at past performance, was a washout as well, but I really never cared. just traded he longer term price moves. IMO
sounds great and we know this how if I my ask? I assume u mean either more products or in more stores, as they are already here (at least here in NYC area)
thx and yes he does still own about 3-400,000. has a couple of 4mill invested or so which as we know, is pure pocket change for him. can't imagine him getting too concerned enuf for that to matter sad to say.
so what u think joe, I'm at 3.60 pps stake, not a big hurt if all is lost but bail now or hang to see if Drexler or whatever somehow pulls it off long enuf for some stability to ever return?
thx for the thoughts. sadly though even after recent plans/bio sale etc we have dropped another 1% so far today. that below 2 buck level looks near and maybe lower. maybe another shoe is gonna drop that hasn't already come out.
wish the market agreed with you about bio sale being "good news" another 10% daily selloff today so far
appreciate your positive thoughts, but since just your post few days ago, pps has dropped a bundle on decent volume most days so wouldn't be recommending "buy" at any time soon sad to ay. I was looking to average down past few weeks but current actions have this pps droppin like a rock daily 2.05 bottom from the other day looks n sight not to mention even lower. sad to say. there might not be enuf time T0 turn around:(
what does my fellow longs think as we sink on heavy volume as I would like to average down for the future assuming there is one.
if bankruptcy isn't a possibility, then wondering when the buyout (with all these product/brand items), is coming? 2 bucks and change is mighty cheap already....maybe they wait for pennies on the dollar. Drexler newly inked loan extension was for only short term. clocks tickin for us. hope u r right.