Zonk....she has good investment technique. true.
This is BB Speculation, which I don't consider "investment".
I have been in and out of ABFG since January. I watch this thing tick away everyday. The publicity created when Daniel picked it created a entirely new awareness of ABFG. Some good, some bad. When I started this thread I had very little to go on, and to watch what has developed since February when the first website came on is really quite a acomplishment in my opinion. They have done a huge amount of work in a short period of time. Lets remember this is a infant 3 months old.
Right now I am out and waiting to see how things settle out here in the next little while. So far the company has delivered on what it says, and I have no reason to suspect different.
Lets say, hypothetically, that this acquisition being talked about happens, adding $200,000 a day to the cash flow. This is Speculation, not investing. We do not know the facts, we are SPECULATING on what the facts MIGHT be at some point. THis is the same for all BB's in my opinion. Even reporting ones. Hell, the same could be said for all those high flying bigboard issues.
Speculate right, you win.
Speculate wrong, you lose.
By following strick guidelines in your personnel trading techniques, there is no reason to take a huge loss on anything. I have taken loss's on ABFG twice now, both times my mental stop loss and trading pattern being shown tells me to get out and think about it. So I do. I don't feel right about it I get out. I'd rather be batting .500 then hit one home run once a month.
Anybody have anything negative to say about that ? |
