Posted On: 06/18/2014 9:48:14 AM
Post# of 9964
I don't blame anyone for anything when it comes to their money. If he's holding, good for him. If he's selling, good for him (but I don't think he's the one selling). Too often, I feel people get emotional based on what other people are doing with their shares, and quite honestly, if someone wanted to sell, that's their choice. We can call them stupid to sell at this stage all we want, but the truth is, they're (probably) locking in a profit, whereas we are hanging on to the gamble.
When there's a seller, there's a buyer, so no matter who it is, I'm excited to get new blood in. If it's flippers, well, that's a different story.
As I've said all along, a stock grows when more people know about it. It'll be parabolic because 1 person finds out about it, then 10 people, then 100 people, etc. The gamble is whether it's popular enough at the price point it's sold at to be worth it to the consumer. If it doesn't sell, Marani fails. If it's popular enough to sell, then we'll make money.
But yeah, it's stupid to sell right now Soon enough, there'll be plenty of eyes on the prize here.
When there's a seller, there's a buyer, so no matter who it is, I'm excited to get new blood in. If it's flippers, well, that's a different story.
As I've said all along, a stock grows when more people know about it. It'll be parabolic because 1 person finds out about it, then 10 people, then 100 people, etc. The gamble is whether it's popular enough at the price point it's sold at to be worth it to the consumer. If it doesn't sell, Marani fails. If it's popular enough to sell, then we'll make money.
But yeah, it's stupid to sell right now Soon enough, there'll be plenty of eyes on the prize here.
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