How close to a real gamble is this stock! I have done precious little actual research and have just jumped in as easily as walking in to a TAB. The race is on tommorow or the next day.
The only difference I can see here is that the TAB/Market will likely give me back about 50% of my bet if I lose. The other difference is that if I go to the TAB I usually spend about $50-$100 and usually chicken out and go for a place.
Have I got this right? Does the analogy stand up? ;^)
I held about 20K of these until today when I dropped 10K into the market to reduce my position. Some of the balance I have laid off around the office for anyone else who feels like a punt!
I am NOT downramping this stock, I am in it for the potential payoff. Overall I am hopeful and wish everyone luck in this punt!
PC
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