Forged i think your take on this thread and its participants is a bit misguided.
Just for the record, I actually believe that positive news is still very close, so i was being partly ironic. However i admit that i am just as tired of waiting for progress as anyone else.
To explain my ongoing buy sentiment, which may seem at odds with my general feeling, i have been active in the market long enough to know that speculative investing generally works in three basic ways:
1. treading water: you buy loads of different codes with the aim of having more winners than losers. this is the general status quo of microcap trading, and in my experience, most practitioners run out of capital or energy long before they make any serious money this way. I have neither the time nor the interest to bother with this approach anymore, i gave it a go in my first years of trading and came to the conclusion that this is a methodology for adrenalin junkies, of which i already have a surplus in my life.
2. shooting stars: some get lucky and buy into a pump and dump or two just at the right time, making enough capital to slowly whither away on a long run of losers, thinking they can replicate the experience at will. I am happy to admit that i also gave this a go for a while, until i realized that i was just playing bingo. Like playing pokie machines, the very idea of doing this bores me to death, and i know how it will end.
3. the pain game: sadly, my lot as an investor now, and the only strategy that suits my lifestyle. Like following a football team, it demands a bit of loyalty. It depends on the basic premise that you have done your homework and worked out which team has the right ingredients to win the title. Then you buy up big and you ride the miserable ride that is almost certain to be endured if you want to keep your season ticket, sometimes questioning your decision, constantly monitoring all of the factors, and waiting patiently for the high probability return that you have calculated as the season progresses.
In the past i may have hogged this thread, purely for conversational purposes with like minded individuals, in the same way that i would talk about the football at a pub. I was having a great time. It was friendly, there was no alleged hierarchy, and it was all productive conversation. However roughly at the time that the HoA was announced, the thread started to attract a different sort of energy, vindictive people with an agenda. The endless effort required to chose my words carefully and defend my posts following on from that has meant that i have mostly lost interest in talking here.
So i'm sorry. I can't be bothered trying to make any more sense than that. I still see a 30-40c share in the making here, and i still trust that the team are capable of getting it there. But nothing i say is going to alter the course of events required to get to that point. c'est la vie.
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