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Message: Re: Sneaking Suspicion...
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Feb 04, 2021 04:39PM

Koo 

"You asked me if I still believe in this 10BagR?"  Thanks for asking...

Sadly the answer is definitively yes.  One lesson I learned from the school of Peter Lynch investing is to be in it for the long haul.  

If you missed no short of the best single 15 trading up days of Dow (or something close to this affect) you would miss out historically on near 80% of the overall market gains.  So the big ups come in big short term bursts.  

Needless to say, patience is indeed the virtue.  But patience isn't easy for the faint of heart.  And you can hear that nearly daily on our board here.  Most people want the story to end now and take their profits and let's face it, many people like me have been here for a long too.

But those who have the fortitude to endure, and stay true to their investment philosophy will be rewarded greatly many more times over than less.  

The problem is that we are inundated with the "what have you done for me lately" mentality and less with the "what will will you do for me tomorrow" mentality.  

People don't have patience by in large. They want immediate results.  But that's just not how science works. Science has no timeline.  It needs to be safely proven over time however long it takes.  That's just how it works.  

And so everyone mistakenly thinks that a buyout is the easy answer.  It's not.  This is new territory.   Its risky.  RVX knows what they have. A potential blockbuster.  BP buyers want proven statistical facts which take time. 

So for RVX to settle for a ridiculously lesser price would be stupid and RVX isn't going to let that happen nor should one would hope for them to either.  I for one do not want that to happen unless the price is super high in the 10BagR range  

So until then, let's let this play out is my point and give management the benefit of the doubt.  For at the end of the day we all should be investing in the leadership of the company and if one isn't happy with it then by all means sell!  

But you're asking me...yes...I'm willing to wait for my 10BagR!  Why?  Because both the storyline and the science is much more compelling today than it was over a decade ago when I first invested.  And for me that is reason enough to believe...

10BagR

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