Why??? (I won't hold my breath to read a response)
Given your aversion to anything "sewer sludge" related, I was wondering what your take is on aquaponics.
("aquaponics grows plants in the nutrient-rich wastewater from fish farming"
Speaking of fish, I hope the fishing has been good!
Interesting article via Bloomberg re how a WWII bomb shelter has been transformed into an underground farm.
If curious, Google "london bomb shelter farm".
"The plants are picked and packed by hand in another part of the tunnel before distribution to restaurants, caterers and retailers under the brand Growing Underground. It’s already partnered with hyper-local food delivery company Farmdrop and is in discussions with supermarket Whole Foods."
"...but most of bashing is obviously the agenda of paid shills for shorts and competitors..."
I think you're giving "bashers" too much credit; I think they are all amateurs and not being paid.
I'm willing to give you a pass with your error, but not to the other poster, since she has a broker's license; the one who chose not to respond to my post on this tread.
WMT went public in October 1970 @ 16.50 per share.
WMT has had NINE 2:1 stock splits
Had one bought WMT at the 16.50 IPO price and held, their cost basis would be a bit more than three cents.
BUT......WMT shares NEVER TRADED AT THREE-FOUR CENTS.
vmhernandez has a few examples of sub pennies that may have exploded in price (obviously very much the EXCEPTION, rather than the rule), but she also included MNST. I asked her if she had not taken splits into consideration, but radio silence.
Her comment re MNST reminded me of my brief period of being a penny stock broker. Another broker told his prospects (and me) that IBM was once a penny stock. He busted out the S & P "Gray book" (sorry youngsters, way before your time) and showed me IBM's historical low share price. Of course, like vmhernandez, he neglected to consider that IBM (like MNST) had had many stock splits and that IBM (nor MNST) ever traded in penny land.
File under: Just keeping it real
At least hedge understands the above. Perhaps a few other posters get it now.
"Adding or not will really depend on your stage of life & how your needs are with relation to capital "
I'll add one more: relative weight of a position. My position in TROW is on the high side relative to all of my equity holdings.
I have been reinvesting my dividends for several years and continue to do so.
greetings, my fellow 7er!
Was MNST really ever a penny stock or does the chart simply show pennies due to MNST's 2:1, 4:1 & 2:1 splits?
sns, I haven't been long WFM for many years, but am long a few ancillary issues. I've been a fan of the natural/organic investment theme for a while and this is a rather active board compared to others.
While I do not watch Cramer much, I've heard him state once in a while "why not own the arms dealers" rather than the nat/organic retailers. Space is getting more competitive and obviously this has taken its toll on WFM. That said, I wouldn't count WFM out by any stretch.
I am a frequent (selective) shopper at WFM.
"I live in NW FL" You had to remind me of one of my worst investments: JOE!
"365 stores a failure and huge expenditure"
Apparently we have a clairvoyant among us!
From WFM 365 website:
"365 by Whole Foods Market hits the scene in 2016."
Assuming you even went, let along graduated from college...were you a drama major by chance?
"What happens in China or with the US Indices has/will have no effect on VMLR income, or lack there of"
I imagine that is correct, but "What happens in China or with the US Indices may pull all sectors down (or up!). No big deal if one has a real long term horizon, but the ride may be rough.
While I appreciate the potential rewards of investing in biotech (I've harvested some of the reward), I'm not a fan of being too concentrated in any particular sector.
Cheers & best of luck.
"Not many people buy ground beef nor any meats at Whole Foods, because it is way too expensive, so Whole Foods probably dumps tons of meat every other day due to meat rotting in their stores."
Or...WFM probably is very adept with its inventory management and thereby knows how much of ANY product it sells and it adjusts its purchases accordingly. What a novel idea.
Are you published???
Apparently I fall into the "not many people" category, although lately, I've let WFM make the cheddar bacon burger for me and all I have to do is the grilling.
Welcome to posting on Yahoo Finance; I see you are new!
"...the majority of my investment is in FBIOX..."
Well, unlike ralph, you certainly have "a set".
To each his/her own, but IMO, you are way too concentrated in one sector.
As noted to ralph, it's all fun and games when the sector is rising, but will you be able to handle a POSSIBLE prolonged downturn? Perhaps times have changed, but the long term chart does show long periods of okay performance and a few declines along the way and then a HUGE run for the past few YEARS.
How many times have people witnessed a sector to be on fire, only to be overtaken by a different sector, with the former sector hitting the doldrums? I do not believe times have changed. Who knows if when biotech will fall out of favor.
"Bio Tech is a game driven by pipe line positions and their anticipate value."
Sometimes the market decides to revisit the valuation it has on a sector; again, we've all seen this before.
I'm not suggesting gloom and doom for biotech, I'm simply reminding people that good times do not always last.
"Still wish I got out Friday"
You had your chance last week to get out a couple "Friday's" ago's price level, you know at a price you wished you had sold, but NO!!! you did not sell any shares. I'll be the first person to admit that I can be stubborn with a position, but I also believe with experience, I've gotten a bit more disciplined.
As I have noted several times before, you have too large an exposure to this volatile sector. It's all fun when bio is up, but it's more telling how one handles the declines.
I will do my best to not respond to your posts. Are you for real? I do wonder.
Regardless, as cdgray wrote: "grow a set".