Thanks for the suggestion vapobag but my exit plan
Post# of 5949
Posted On: 07/24/2014 12:18:36 AM
Thanks for the suggestion vapobag but my exit plan is set as I stated- I'm hoping for a pop and then I'm out of RIGH.
Luckily, my cost basis for TOO many shares was 6 and I trimmed that down a lot in the last pop (at 8-9) with the PR. Now I'm down to a smaller number of shares that i dont lose sleep over and I'm willing to wait for another pop to exit or lose it all if that is what happens.
I wont wear rose colred glasses to make everything look wonderful when there may be storm clouds coming.
I consider myself very lucky and I AM very grateful that i was able to scale back my RIGH on a day when there was enough volume
But it seems to be a requirement on this board that we idolize Angel and never question anything.
well thats not the way I invest. and it doesn't make for a very informative board if everybody just congratulates each other on their wonderful DD when none of the DD questions anything or sees any potential negative things..
comments on a board arent going to move the stock price but it seems like thats the intention out here- to say so many good things, and sometimes misleading and unbelievable things that the price goes up.
thats a useless exercise in my opinion.
I don't idolize Angel and in certain regards i dont trust him. He's full of excuses for the last two years. Maybe some were true but some were definitely NOT in my opinion. That doesn't mean i can't invest in RIGH.
It's not a wise investment strategy to believe everything you read on a message board or fall in love with your investment- or a company's CEO.
Angel has done some less than upright things in the past and that gives me good reson to at least question strange actions (like the 26 BILLION shares to Sal, or the 3Billion shares that went to two other "mystery" companies as payments for somewthing but we aren't told what. And then they were dropped from the Q1 report.
and then a major dumping of shares at 5 a few weeks ago where it looked like the MM was working with SOMEONE behind the scenes to unload hundreds of millions of shares. And yes that info came from "LieHub" but it all checks out.
I dont judge the messenger- I judge the message. Sometimes the best info I get can come fron people I like the least.
If you have a chunk of money in RIGH and your NOT asking these questions but rather just singing the praises of "The Angel", then well to each his own.
but it's not how I look after MY investments.
Ill say my prayers of gratitude tonight and they'll include my family and their health and my good fortune at being in this country but, while I wish him no bad fortune they will NOT include my being in RIGH with a saintlike CEO.
Thank you all for your patience with my rant and "good favor" to all.
Luckily, my cost basis for TOO many shares was 6 and I trimmed that down a lot in the last pop (at 8-9) with the PR. Now I'm down to a smaller number of shares that i dont lose sleep over and I'm willing to wait for another pop to exit or lose it all if that is what happens.
I wont wear rose colred glasses to make everything look wonderful when there may be storm clouds coming.
I consider myself very lucky and I AM very grateful that i was able to scale back my RIGH on a day when there was enough volume
But it seems to be a requirement on this board that we idolize Angel and never question anything.
well thats not the way I invest. and it doesn't make for a very informative board if everybody just congratulates each other on their wonderful DD when none of the DD questions anything or sees any potential negative things..
comments on a board arent going to move the stock price but it seems like thats the intention out here- to say so many good things, and sometimes misleading and unbelievable things that the price goes up.
thats a useless exercise in my opinion.
I don't idolize Angel and in certain regards i dont trust him. He's full of excuses for the last two years. Maybe some were true but some were definitely NOT in my opinion. That doesn't mean i can't invest in RIGH.
It's not a wise investment strategy to believe everything you read on a message board or fall in love with your investment- or a company's CEO.
Angel has done some less than upright things in the past and that gives me good reson to at least question strange actions (like the 26 BILLION shares to Sal, or the 3Billion shares that went to two other "mystery" companies as payments for somewthing but we aren't told what. And then they were dropped from the Q1 report.
and then a major dumping of shares at 5 a few weeks ago where it looked like the MM was working with SOMEONE behind the scenes to unload hundreds of millions of shares. And yes that info came from "LieHub" but it all checks out.
I dont judge the messenger- I judge the message. Sometimes the best info I get can come fron people I like the least.
If you have a chunk of money in RIGH and your NOT asking these questions but rather just singing the praises of "The Angel", then well to each his own.
but it's not how I look after MY investments.
Ill say my prayers of gratitude tonight and they'll include my family and their health and my good fortune at being in this country but, while I wish him no bad fortune they will NOT include my being in RIGH with a saintlike CEO.
Thank you all for your patience with my rant and "good favor" to all.
(0)
(0)