Thanks for clearing up for the rest of us that you're a short-term speculator, not a long-term investor as you have claimed all along. And that's fine with me, as long as you understand it and don't pass yourself off as something else, as you've been doing all along. Still, short-term speculators holding management's feet to the fire is really comical. Seriously, I'm having some great laughs over it. LMAOQuote:When I enter a stock like AMBS, as I did 1.5 years ago, I try to ascertain what it's chances are of giving me a handsome return within a year or two or three. I don't go in if I think the stock price won't go anywhere for longer than 3 years.
I think we've clearly established that you're a short-term speculator, which is not bunk. You have no clue how I would feel, so don't even go there. The value of my investment dropped $500K in a single day back at the end of July, and it's down about $900K at the closing price on Friday. Please point to ANY post I've made where I'm whining or moaning or upset about how much I'm down, or where I blame Gerald for my paper losses. Because my goal remains long-term, the short-term fluctuations mean very little. I remain focused on the story, not the share price. That's the key difference between a speculator and an investor, and why you continue to be so concerned in the short-term.Quote:But all your talk about us not being long term investors is bunk! If your cost basis was .02 cents and it went down to .01 cent a year later.....you would be upset too! You're still up 300%, even at this low point!!
You can't even get the math right. I'm greatly disappointed in the lack of critical thinking demonstrated here. I've posted many times that my first purchase was at 2.5 cents and my overall average cost basis is 4.3 cents. How can you possibly state that I'm up 300% even at this low point. When you can't even keep the simple facts straight, one has to wonder how much other company stuff is getting mixed up between your ears as well. It's no wonder you're so unhappy with your investment.
