...irregardless(sic) the logic of such position. Your comment above ignores a balanced view of GUMM that has been quite profitable.
Why is it that when people share a common enthusiasm for a company or a product they "tout"?
You are right, of course, when you suggest that more money might have been made had one bought, sold, shorted, closed, bought....etc. For those comfortable with that, have at it. When someone invades a thread to intimidate shareholders, to attempt to degrade a product, etc. merely to effect movement of the share price, well, that is different.
I know there has been too much optimism on the share price of this company. It is unfortunate when an enthusiast volunteers an excited guess at what the company might be worth. It is expecting too much.
The company's meager resources don't allow optimal marketing. Not yet. So the product has developed slowly. I have patience and a lot of shares. When the stock became expensive I sold a little. When it became cheap I bought more. That strategy has worked for me for 30 years and I figure it will continue.
To me this is about a company executing a plan. If they have the right product, execute well and, yes, with a little luck then things will go well.
Trade if you want. As long as I think this company is executing well, I will own shares. Without that attitude, I wouldn't have owned PFE for over thirty years(Interestingly the annual dividend is now roughly twice what the original shares cost).
I've tried trading and no longer own many great companies that I wish I still did.
Yours is just a different philosophy and mine is simpler. |
