Re: Frank/Settlement vs Royalties doni
in response to
by
posted on
Sep 09, 2008 03:10PM
Your comments are well taken, love that pic by the way!
I will answer this way..I am 61 (soon), retired for a while now, and have done "investing" since about my 30th birthday. I've made good moves and bad as we all do, but over the long haul, I've made out OK. Financial types that I have consulted over the years handling my accounts, have repeatedly told me to stay away from "penny stocks." I have less than 5% of my pot risked in such types like EDIG, GFET, CCYG, PTCH and MNSF to name a few. Frankly, they are all in the tank so my advice was sound, and my judgement was poor...thus far.
If I lose it all, penny stock wise, I will not be a happy camper, but if the risk pays off, like my QCOM buy in when they went public, or some other things like MSFT and GE..etc, who the heck knows where my next vacation will be?
This patent deal is huge, potentially, so I'm sitting back waiting to see if I was a fool to be patient with our little company, or another "brillant" Man who beat the odds.
In the mean time, I will enjoy having joined this board, learn from it, and share thoughts now and then.
Thank you for your post and comments.