Party & Bill ... Guys, I agree entirely ...
with your analyses!
There is no intelligence required to post mindless gibberish, and I have posted as much or more than anyone else. I could not do it among live acquaintances, who would surely see to it quickly that it stopped or else I would not be welcome in their company.
This medium certainly differs somewhat in this regard. Granted that Party may have nothing more to do with me ... shrug. Granted also that Bill may think less of me, and for that I would be the poorer, for I find Bill an honourable and direct person, even if he occasionally defends weak thinkers (no names) more than I think appropriate or necessary ...
But this medium is (or could be) more than a gathering of peers or like-minded people ... it includes idle strangers, people with agendas, and people actually looking for information. Since Party started this renewed thread, and until recently was its most prolific poster, I believe that he has an obligation, more than others, to be objective. I for one will not stand silently by while he pronounces himself "satisfied with his investment".
Of course he is entitled to take his satisfaction where he finds it. He may be satisfied with his investment, according to his own quirky personal criteria of satisfaction. But he speaks here as the thread originator. He was instrumental in collecting all of the myriad references and links in the header.
Consider a mutual fund. The fund loses 90% of its value. The investors complain. The fund manager truthfully pronounces himself satisfied with the fund performance. Guess how far that gets him. Out on his ear at least.
So here we are in Zulu. About a year ago it's at 50 cents, DCLK is at $17 ... comparisons are made, including many favourable comparisons by Party ... a year later, Zulu is at 12 cents, DCLK at $185 ... in other words, a dollar invested in DCLK is now worth about 40 (FORTY!) times that same dollar invested in Zulu ... a 40 bagger!!
Now, let's pretend that there were no warning signs or facts pointing to concerns about investing in Zulu ... let's pretend we were held hostage for a year in Iraq, and couldn't move our Zulu investments as things unfolded ... can we look up after a year, with our money worth only 2 1/2 % of what money invested in DCLK is now worth, and reasonably pronounce ourselves "satisfied with our investment"? Not that anyone could have guessed or divined the result, Zulu's abject failure or DCLK's hyped bubble of success, but after the fact, when the results have been tallied, how can anyone be satisfied?
Maybe a whacky individual can. But not the fund manager. It is not a believable or rational position. It can not be defended by saying that one is a "LONG". It can't be defended by saying that one's losses are too great to bother moving ...
If Party is "satisfied" to have gone from his entry point at 50 cents to only 12 cents today, is he saying that a new entrant at 12 cents today should be "satisfied" when he is at 3 cents in 6 months? When Party himself was at 50 cents, would he have said that he would be "satisfied" to be at 12 cents in a year? Of course not! So how can he be satisfied now?
Well, I suppose that in the intellectual haze that finds such satisfaction, there could be a moment of crystal-clear realization that Zulu could actually be at 3 cents TODAY if it weren't for the manipulations that are holding it up! THAT could be a source of satisfaction of a sort. However, that same intellect would also have to perceive today's price as a selling opportunity ... alas ....
Hey, it could shoot way up ... hold if you think this way! |
