it is not wise to chase a stock nate. ok, so you can make a killing if you are proven right but one needs money for other investments. they don't all do well. that's why we hear diversification diversification diversification
fisho replies with a lot of sense.
this is about management getting things right. what needs we have in raising more funds for ife and trf could seem very small change in yrs to come but that does not help now. 40's been around a long time as have others. i doubt many will disagree with me but to tuck what you have away in the back of the drawer and move on with other investments is a good enough idea for now. i do not see any reason to sell out. now this is my opinion based on yrs of dogs and more dogs. some must die but some have life left in them. it is not hard to decide which category trf is is and almost certainly the same for ife. hang in there is 40's chant but do not go over board. stay alive for the next hopeful. do your homework as we have done with trf and ife and trust the management handles it better.
from past experience i have sold some dogs that had life left in them only to see them go from less than 1/2 cent to dollars. PMA and PNA were just two. it is recognising them that matters. 'if only' says teddy. but he's right.
be good,
40.
TRF Price at posting:
18.5¢ Sentiment: Hold Disclosure: Held
