I am a stock broker (i.e financial advisor) who ha
Post# of 56324
Posted On: 04/30/2014 4:12:12 PM
I am a stock broker (i.e financial advisor) who has worked for the same major firm for the last 17 years. I have been yearning for legalized mj for 22 years. I am in this stock for my family's own personal benefit only, I would never recommend a penny stock to a client. Not because I don't believe they can succeed, but because my firm makes it way too inconvenient in the form of extra due diligence requirements, compliance oversight, etc, and frankly I don't want my employers knowing of my interest in mj-related subjects and I don't want to give them a reason to.
With that said, I hope it therefore means something when I say I have thrown out 17 years of experience and have gone "all-in" with FITX in my IRA. 17 years of learning the value of diversification, all out the window due to my confidence in FITX and my confidence that mj will continue it's march towards full repeal of prohibition.
Yes, I know that going all-in on anything is technically stupid, but another thing I've learned in the last 17 years is how profound good timing can be, and the value of recognizing an opportunity when you see it, and the need to pounce on it well before you've been provided with the certainty that you crave. (Also, most of my current retirement funds are in my 401(k), not my IRA, so if I lose everything I've put into FITX, it won't be a disaster, which is of course the beauty of pennies: big potential payoff for relatively little outlay). I missed the dot com bubble because I was too late, I missed Google and everything in-between because I was too conservative. I waded through the entire two worst stock markets since the Great Depression playing little else but blue chips, and while I've recovered all of my losses and then some, it is now a shocking 17 years later and I need to make up for lost time.
All I need is for this stock to reach $2.50 and my family will be millionaires. But of course, if it reaches $2.50, then there's no reason why it can't go to $5 or even $10 some time after that because by then all the doubts about whether this company can dominate will be put to rest. And if it reaches $10 then my greatest dream will be realized: to retire before age 50. I have a rational concern about our share structure, but I also have confidence that the share structure will be addressed to our satisfaction when the time is right.
It happened to MNST (trading for $0.20 for years, now trading recently in the $70's, a gain of 35,000%!); it can happen to us.
I don't know what my point is, except to thank all of you who put considered thought into your posts and create a mature, adult environment in which to discuss this company. Whether you realize it or not, you are a part of my dreams and I am a part of yours, because when we see FITX dominating the market a few years from now, we can all look at the first two buildings and say "I was a critical part of creating this reality. I backed this company when the rest of the world thought we were crazy, but this is what the company did with my money and look how we've been rewarded."
I'm so confident & happy right now (not worried at all about the current pps doldrums), I almost want to say "I love all of you" but that would be awkward so I'll just leave it at
Cheers,
Oceansize
With that said, I hope it therefore means something when I say I have thrown out 17 years of experience and have gone "all-in" with FITX in my IRA. 17 years of learning the value of diversification, all out the window due to my confidence in FITX and my confidence that mj will continue it's march towards full repeal of prohibition.
Yes, I know that going all-in on anything is technically stupid, but another thing I've learned in the last 17 years is how profound good timing can be, and the value of recognizing an opportunity when you see it, and the need to pounce on it well before you've been provided with the certainty that you crave. (Also, most of my current retirement funds are in my 401(k), not my IRA, so if I lose everything I've put into FITX, it won't be a disaster, which is of course the beauty of pennies: big potential payoff for relatively little outlay). I missed the dot com bubble because I was too late, I missed Google and everything in-between because I was too conservative. I waded through the entire two worst stock markets since the Great Depression playing little else but blue chips, and while I've recovered all of my losses and then some, it is now a shocking 17 years later and I need to make up for lost time.
All I need is for this stock to reach $2.50 and my family will be millionaires. But of course, if it reaches $2.50, then there's no reason why it can't go to $5 or even $10 some time after that because by then all the doubts about whether this company can dominate will be put to rest. And if it reaches $10 then my greatest dream will be realized: to retire before age 50. I have a rational concern about our share structure, but I also have confidence that the share structure will be addressed to our satisfaction when the time is right.
It happened to MNST (trading for $0.20 for years, now trading recently in the $70's, a gain of 35,000%!); it can happen to us.
I don't know what my point is, except to thank all of you who put considered thought into your posts and create a mature, adult environment in which to discuss this company. Whether you realize it or not, you are a part of my dreams and I am a part of yours, because when we see FITX dominating the market a few years from now, we can all look at the first two buildings and say "I was a critical part of creating this reality. I backed this company when the rest of the world thought we were crazy, but this is what the company did with my money and look how we've been rewarded."
I'm so confident & happy right now (not worried at all about the current pps doldrums), I almost want to say "I love all of you" but that would be awkward so I'll just leave it at
Cheers,
Oceansize
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