Biting the Bullet
Post# of 75002
(Total Views: 497)
Posted On: 03/27/2019 7:24:55 AM
Just saw Michael's latest podcast. It is definitely reassuring. We are well positioned on all fronts now going forward. We have an appealing stock structure to go with an appealing strategy and appealing products.
I am bummed when I think, "Damn, I now need $40/share when my previous number was $2!" It's hard not to assume that I have to lower my sights now. There are a lot of assumptions built into that perception that might not be correct, though, like we're less likely to hit $40 with this stock structure than we were before with $2. The challenge, for me, is around adjusting my perspective to the new reality without assuming a negative outcome. I'm really curious to find out how the stock will move over the next month or two. Hopefully we'll be up 20x before we know it.
I am bummed when I think, "Damn, I now need $40/share when my previous number was $2!" It's hard not to assume that I have to lower my sights now. There are a lot of assumptions built into that perception that might not be correct, though, like we're less likely to hit $40 with this stock structure than we were before with $2. The challenge, for me, is around adjusting my perspective to the new reality without assuming a negative outcome. I'm really curious to find out how the stock will move over the next month or two. Hopefully we'll be up 20x before we know it.
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