Sergio and others:
I've been lurking about since I found this thread a few weeks ago. I was already into GRNO before then after doing due diligence. I've learned a lot more about how to do DD via Inet from this thread and others. By watching who participates and how, info sharing, questions, and other commentary on this thread and others -- I've read ever one of the 3600+ entries, I've determined who to trust and rely for stable input. Ron, Charles King and Norm H. are the outstanding one (I know I've missed a few, but credit that to be momentarily angry...)
Along with talking with my broker, this thread (and others) has also expanded another area of interest -- investor psychology. On this thread and for GIFS and a few others, people like Sergio, Diver and Joel (on GIFS) stand out like banged thumbs in a cartoon. Joel for example has investing his auntie's "bingo money" and rarely has anything to say that's doesn't come across as whining. Obviously, this is not money he or auntie can afford to lose, so why in bloody hell did he invest it in GIFS. For that matter, there are people here with the same tone and attitude. This kind of whiner is no different than the "where's my 2,000,000% profit (a very little exaggeration), I bought the stock a month ago" kind of person I see popping up on GRNO, GIFS and others. And from the over 3,600 entries in GRNO (and more than 3000 in GIFS), it is clear the get rich quick folks have done little due diligence. They are the equivalent of cocktail party goers who take stock tips and ran with them. SI and other 'net locations are just another party. WORSE, they are even too lazy to read all the entries here. My god, a few hours to get up to date, or to ask Charles for his GRNO summary, etc etc. Goddamn people, why do you waste everyone's time with your piss poor investment habits and finger pointing. Damn, your as bad as some of my university students who thought they deserved a passing grade just for showing up!
And then we have Diver and a few tough questioners. Having read the tough questions, and the sometimes human responses from Ron, Charles and others, I'm convinced that Norm and others are right. Written communication like this is too easily misunderstood. Even with emoticons and parenthetical direction (e.g. :)) or <grin>) like Ron and others use, people don't pay attention. Perhaps again, it is too hard to ask questions about what these things means, or worse, the people are too lazy to learn to augment their communication. I don't know nor do I think there is an emoticon to express the frustration and anger I feel toward those who refuse to [pick your own phrase].
Diver, you ask tough questions. They're useful to a skeptical investor. However, it is abundantly obvious that you and others have an axe to grind, that your egos are way out of control, you revel in pushing other people's buttons, and overall, are on a manipulation trip. I put up with this type of politics and mind-fucks daily at work, so it's not an new revelation to see it here. I only wonder whether YOU know you are coming off this way. I suspect not. Clearly, you are having trouble letting go of bad side your GRNO past (been there, done that). Like others, you, Sergio and others have pushed me to the point of this diatribe of frustration and anger.
I am torn emotionally -- one side agrees with others that you should fulfill your promise and leave this thread (I suspect it may even be healthy for you too, but that's just supposition from my own personal experiences), but the other side wants the skepticism you occasionally, if inappropriately, bring to the thread. I too have skeptical questions, but until last night did not have the full history, the full flavor of this thread to step up to plate. (I plan to as time permits in the future, and only after I've completed my documentation of facts, figures, etc.)
To paint a metaphorical yet graphic picture of how the whiners, bitchers, moaners and groaners come off: a guy with one hand stocking away while trying to protect the family jewels from harm. Grow up, don't invest unless you can afford to lose it all (especially in GRNO, GIFS and other high risk speculations), do your homework (DD, thread reading, learn to use search engines, save what you read for easier searching [I've saved all pertinent entries from GRNO and others since I started], and quit pointing fingers. Last, read or re-read the book "Everything I Learned About Life, I Learned in Kindergarten." (After this diatribe, I may need to re-read it myself.)
Diver, Sergio, others: I have no right to demand you leave...1st amendment, freedom, that stuff. Also, my reading of your input shows occasional insightful skepticism. Delivery is off some, but your input has its valuable moments. But be aware of how you come off to others.
For example, every time GRNO did not pop through the roof on schedule (perceived, suggested or imaginary), the negative whining on this thread shoots through the atmosphere. If they were rocks shot at the Moon, there'd be no Moon left! This kind of bahavior is just a bunch of family jewel protection, and too often, an indication of investors without the experience, sophistication, motivation, or outright patience to believe in their decisions.
Moreover, the number of conspiracy comments, "I've been lied to" crap, and other unbelievable dribble is amazing. A lot of people on this thread clearly have no idea what is involved in a turnaround, a start-up or any other kind of business challenge outside of very narrow range. I've noticed those who do have a lot of patience and acceptance of what Bill C. and his team are doing. From what I've read, not a damn one of the moaners, groaners and manipulators on this thread have shown an inkling of the skill sets needed to do what Bill's doing. At times, I feel like I'm observing a birthday with brats fighting over every toy and game!
For me, I got into in late January for a small number of shares. I waited. I expected a faster pop, but as things came up at GRNO, I recognized the events as normal "shit happens and you deal with it" stuff for companies like GRNO. I was impressed that Bill kept (and continues to keep) to his own schedule, dotting i's and crossing t's. Actually, the GRNO management team was a prime reason I invested in GRNO, though they are only one of several factors. I like how they have responded fiscally, managerially and technically to issues and problems. Like others, I am a historian who learns of events after they happen, whether it is minutes, hours, days or weeks. Bill and his people are viewing both forests and trees, that is, working on the future while focusing on the daily issues and pressures.
When GRNO went over $10 a few weeks ago, I learned a valuable lesson -- lock in some profits, then buy more. The pattern of run-up then correction is very common, especially in stocks like GRNO. (I've experienced this in four of my microcap stocks so far, and no, I did not lock in profits equal to my original investments...I too am still learning.) My only problems with my 9 microcap investments is I don't have enough spare cash to put into them. My greatest fear is having another stock pop up like GRNO (even part of the way would be nice), and not have enough shares to really benefit. For example, I own some shares of MPEG. It's been running up, but again, no spare cash to buy more.
Let me cut this short; enough has been said to raise blood pressures and give ammunication for flaming.
I too am an investor. I've kicked myself for not acting at a good time. But, I'm constantly learning from mistakes and missed opportunities. (Diver, Sergio, you listening.) I don't blame others. (Again, D and S you listening.) I'm always looking for patterns within the noise, whether it is in stocks, investor psychology, or people I can rely on.
Ron, Charles and Norm (I know I'm missing a few more), I've learned I can rely on you. I filter what you say, keeping my skepticism open on the desk at all times. The personal attacks on you Ron (many real, some perceived, i.e. welcome to being human) are real, though most seem to be people who don't communicate well (and seem to be too lazy to learn to do better - must be government workers ready for triple pension <sarcastic grin>). And you reaction at times, while human, were not always welcome. Charles and Norm, you are rocks in a storm. And for those I know I'm missing, thanks for your efforts to put people back on track -- info, analysis, and comradery in the mist of the unknown (no one knows future history, only the patterns that lead to probabilities of desirable outcomes).
I'm gone for today. I'll check back for my flaming. Keep it public guys, no private emails. Let the world see you in full bloom, that is, flame. Likewise, keep the applause to a minimum. I'm only a PO'd member of this thread who is now feeling less angry.
You know, all of this will be forgotten (except by those with undiagnosed mental disorders) when GRNO gets going.
P.S. If you're new to investing, anxious every day (hour, minute second) that you check GRNO's price, let me suggest a way of viewing microcap "special situation" stocks like GRNO (GIFS, and most of my speculative portfolio) --- these stocks are like infants. They have to learn to focus their eyes first, then control their muscles, then to crawl, then to walk, then to run. Watching a child grow, especially if you've seen it from birth to adulthood (and Charles, it seems like you have), is the best experience for learning patience with GRNO-like stocks. |
