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well I didn't "jack" a thread... it was my thread I think. But I could be wrong.
I made $9k 0n EESO a few months ago... that's what I paid for the engine swap with... and a nice vacation.
I'm in two now that went stagnant.... TNRI is one... but I got in at .0001.... 2m shares... $200.... the only thing I can lose is the broker fee. ($16)...
You never knowwwww....
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Last edited by iamironman : 07/29/2009 at 11:35 PM
We sit together, my VX and I, until only the VX remains.--Iamironman
Ha Ha ha, you don't lose anything until you sell it. I still have both, the monaco and the fleetwood. Fleetwood is restructuring and their plants open soon. Monaco is in the process of selling some stuff. If you read my post originally, it hinges on the economy, one day people will buy RVs again, they are the biggest producers of RVs next to Lippert Components. So when RV sales restart, so will their stock. By your logic, Alcoa, which is THE LARGEST aluminum producer in the world, which normally runs at 30-40 bucks a share, is only at 11ish right now, you should sell it if you have it. No, I do not think so, cause they too require builders to build something, which requires buyers to buy something.
I will hold onto my stock, not concerned about the 100 bucks, and wait, it will either go away, or one day make money.
Thanks for bringing it back up.......Dick
I predict future happiness for Americans if they can prevent the government from wasting the labors of the people under the pretense of taking care of them.
Thomas Jefferson
Hi Marlin
I agree..the economy will dictate the RV industry recovery....its 65% down..and will suffer for several years IMO.
There is a HUGE nationwide inventory of new and almost new RV's...all at heavily discounted prices.
This doesn't bode well for the manufacturers any time soon.
But I was in no way suggesting you sell now...
....and I'm not sure where you got that idea.
In fact...at these depressed share prices....buying a few and stashing it away for several years may well be a good gamble.
My original chat with you on this was simply to put my point of view on OTCBB profit..
And my view is....TAKE PROFIT when its there.
(A bird in the hand...!)
Saying "you don't lose till you sell" never made sense to me...
Its down 90% plus..that's a loss IN REAL TERMS over what you could of had.
jo