Fellow so called bagholders: Relax and consid
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Posted On: 05/26/2018 10:27:10 AM
Fellow so called bagholders:
Relax and consider your deep red position as "interest paying" deferred income. Think of this challenge / adversity / adventure / as a supplemental 401K savings program from which you would be required to pay an unreasonably hefty penalty for early withdrawal.
My own position might qualify for a hardship 402K "life support" subsidy if there were such a welfare program. LOL I drank the poison and it's in my blood. But my blood is not in the streets yet.
JBZY, or Stewball the Race Horse
(A Song about Betting Against the Odds) is pacing self as she runs in the first lap of the race and the first (and least lucrative) payout is being held in escrow payable at the mid point of the soggy run.
Granted now the race may not proceed as swift as had been so optimistically projected at first, perhaps fueled by an enormously misplaced emphasis on the hope of obtaining RAW ("rapidly acquired wealth"
.
All along the way hosts of savvy flippers will continue to pour water on the track to collect their short term installments of "easy money" but they won't be able to extinguish your individually maturing savings program. What you can't spend now may actually prove to be more rewarding spent some day going forward. Buckle in.
AND those who continue to repeatedly short this stock may owe more down the road than you are down now. Fresh news can come out on any given day to flame the fire and fires can burn big time.
When JBZY begins to pay a dividend and after JIMBO unveils their true AUDITED financials and battery swapping stations begin to ring the cash registers you will be looking back on all this with fond recollection of how you stood strong in the storm and can now buy what you couldn't possibly have paid for before.
Not much consolation though for those who went into heavy duty debt to run with this horse. If they put down more than they could afford to lose they broke their own rule No. 1. Bad news. Those who haven't taken your losses and sold already and have no plans to jump from the horse next week maybe you can afford to hold on longer than you currently give yourself credit for. Or perhaps boldly lower your cost average by buying more shares for your self imposed "401K" while others are rushing to give their shares away.
I still sleep well at night even with my expensive bag draped over my head.
GLTY All Friend or Foe
Relax and consider your deep red position as "interest paying" deferred income. Think of this challenge / adversity / adventure / as a supplemental 401K savings program from which you would be required to pay an unreasonably hefty penalty for early withdrawal.
My own position might qualify for a hardship 402K "life support" subsidy if there were such a welfare program. LOL I drank the poison and it's in my blood. But my blood is not in the streets yet.
JBZY, or Stewball the Race Horse
(A Song about Betting Against the Odds) is pacing self as she runs in the first lap of the race and the first (and least lucrative) payout is being held in escrow payable at the mid point of the soggy run.
Granted now the race may not proceed as swift as had been so optimistically projected at first, perhaps fueled by an enormously misplaced emphasis on the hope of obtaining RAW ("rapidly acquired wealth"
. All along the way hosts of savvy flippers will continue to pour water on the track to collect their short term installments of "easy money" but they won't be able to extinguish your individually maturing savings program. What you can't spend now may actually prove to be more rewarding spent some day going forward. Buckle in.
AND those who continue to repeatedly short this stock may owe more down the road than you are down now. Fresh news can come out on any given day to flame the fire and fires can burn big time.
When JBZY begins to pay a dividend and after JIMBO unveils their true AUDITED financials and battery swapping stations begin to ring the cash registers you will be looking back on all this with fond recollection of how you stood strong in the storm and can now buy what you couldn't possibly have paid for before.
Not much consolation though for those who went into heavy duty debt to run with this horse. If they put down more than they could afford to lose they broke their own rule No. 1. Bad news. Those who haven't taken your losses and sold already and have no plans to jump from the horse next week maybe you can afford to hold on longer than you currently give yourself credit for. Or perhaps boldly lower your cost average by buying more shares for your self imposed "401K" while others are rushing to give their shares away.
I still sleep well at night even with my expensive bag draped over my head.
GLTY All Friend or Foe
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