Re: Everything of value
in response to
by
posted on
Aug 19, 2008 07:25AM
I definitely like your analysis Barz. I totally agree with it, although to be perfectly honest I really wish I knew how many ounces this company is really sitting on. A fair number of posters seem convinced that the company will eventually prove millions of ounces. I can only hope that such is true, but unfortunately I've learned that disappointments seem to come around more often than good news in this Armageddone type market. But with that said I must also point out that I sense too that the market may be beginning to "warp my sense of reality" as well. (But difference is ....I REFUSE TO GIVE INTO IT!! ..I refuse to give into the dark side. LOL) And I suspect that this is why we are seeing everyone treating stocks as if they have no value, as Orgprophet pointed out ......market truly is riding on fear and panic. And yes ..........this is the time when you give the market your middle finger and remind yourself that their combined stupidity is not going to change a damn thing for me for my longterm plans. I plan on making a huge chunk of change on my investments and if the rest of the market wants to lose money and/or miss out on tremendous longterm opportunity then that is their choice. The world is full of losers and there is a good reason why there are so many losers.
Unlike the losers my choice is based on entirely different plans. And given enough time CSG will indeed someday bring me to the "victory lap". And the idiots who are selling at these low levels (and fail to rebuy at some point) better come up with a better plan. I wish them lots of luck. They just may need it if they ever wish to accomplish any longterm financial goals.
In time I am convinced that this investment will mature into a strong winner at these "panic and fear driven levels" If you can't believe in your own DD and confidence then you may as well be a jellyfish floating aimlessly in the sea hoping to bump into your next meal. I refuse to be a jellyfish. But many investors out there have chosen to become one. I pity them. For once a major storm comes around they'll be washed up on shore slowly dying away "wondering what could have been" if instead they had "settled down" and anchored themselves strongly to the ocean floor as a sea anemone instead with the confidence knowing that their meals would eventually "come to them" if they only could have had the patience, strength, and foresight to undertake the superior strategy.