Dude you can't just quote guys like buffet and gra
Post# of 5570
Posted On: 03/22/2015 3:47:39 PM
Dude you can't just quote guys like buffet and graham to add validity to your argument when what they are saying bares no relevance to this situation. Sure investing in blue chips patience is necessary as they almost always imcrease in value and pay Dividends. Warren Buffett
Just sold his entire position in Exxon Mobile, the second largest
Market cap stock on the US stock market, a company that , with "patience" will
Rebound with oil (not to mention a nice 3.26% dividend). Buffet would have been selling at a profit not 95% loss. Mpix investors don't have the luxury of selling as financially it makes no sense with the stock being wortess. Other investors like Carl Icahn exact change with proxy votes in large cap stocks. Hold at all costs and ask no questions doesn't wash. If you want to make money in stocks (even more so in pennies) you need to do some digging and find out what's going really going on, and if necessary- take control of your investment (when it's out of control as mpix is)
Now don't get me wrong. This proxy has nothing to do with anything personal from these shareholders. It's purely financial. Collectively the amount invested in mpix between this entire group is in excess of $3 million (now worth $150,000) Trust me when I say it's not personal and all business. The new management that will come in have businesses that are profitable and running currently but time is of the essence as the "train is leaving the station" so to speak.
And for the record Danny this is absolutely nothing personal with you either, but when it comes to making money back for ourselves, friends and family we will do what need to be done. And guess what- when we make our money back so will you.
Enjoy your Sunday
Just sold his entire position in Exxon Mobile, the second largest
Market cap stock on the US stock market, a company that , with "patience" will
Rebound with oil (not to mention a nice 3.26% dividend). Buffet would have been selling at a profit not 95% loss. Mpix investors don't have the luxury of selling as financially it makes no sense with the stock being wortess. Other investors like Carl Icahn exact change with proxy votes in large cap stocks. Hold at all costs and ask no questions doesn't wash. If you want to make money in stocks (even more so in pennies) you need to do some digging and find out what's going really going on, and if necessary- take control of your investment (when it's out of control as mpix is)
Now don't get me wrong. This proxy has nothing to do with anything personal from these shareholders. It's purely financial. Collectively the amount invested in mpix between this entire group is in excess of $3 million (now worth $150,000) Trust me when I say it's not personal and all business. The new management that will come in have businesses that are profitable and running currently but time is of the essence as the "train is leaving the station" so to speak.
And for the record Danny this is absolutely nothing personal with you either, but when it comes to making money back for ourselves, friends and family we will do what need to be done. And guess what- when we make our money back so will you.
Enjoy your Sunday
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