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Re: Stock Tip: KPTI / De

By: micro in POPE 5 | Recommend this post (0)
Sat, 14 Sep 19 1:07 AM | 22 view(s)
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Msg. 39880 of 62138
(This msg. is a reply to 39860 by Decomposed)

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I didn't reject your pick.

You do not quite seem to have learned my very dry and sometimes strange sense of humor.

Let's pretend your recommendation was a used car for sale.

Hey Guys. I have a recomomendation for you. Fiound a car here that has a blown head gasket, needs the heads machines and al the valves ground and nee seals, used 3 quarts of oil eery one thousand miles and exhaust system all needs to be replaced. Tires are bald and the heater on;t work.

Its a great car other than that and if you fix it up you could get maybe 3 to 6 times what you might have to pay for it....

LOL!!!! I know. Quite an exaggeration.

You don;t see the humor in my comment on your stock about it beingin the red, never made a profit, has no PE, but somehow the price is going vertical????

That's the dog named LUCKY with no tail, one eye, three legs, and fleas. LOL!!!!!!!!!!!!!!!!!!!!

Sorry to upset you big guy.. DID NOT mean to... I was jest having some fun......

It's all good ! Thumbs Up Wink Very Happy


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The above is a reply to the following message:
Re: Stock Tip: KPTI
By: Decomposed
in POPE 5
Fri, 13 Sep 19 10:31 PM
Msg. 39860 of 62138

micro:

Re: "So we have a stock that is bleeding red, people are gobbling it up, and it continues to do well. MAkes perfect sense.... Question Question Question LOL!!!!"
No offense, but if you behave conventionally, you will likely have conventional results. Conventional stock gains often don't even make up for the rate at which inflation drains the invested money's buying power. For me, that's unacceptable.

You've seen that I've made recommendations that return 100%, 200%, 300% and more. I've also made picks that lost 100% (though I usually bailed before they fell quite that far), but it takes nine total losers to offset a single 10 bagger. I've had enough of those to make continuing with what I'm doing a no-brainer.

The reason you reject my recommendations is, I think, that you don't realize that we are playing different games. I used to invest the way you do, and I did all right. I changed my strategy and did far better. I'm not looking for well known, profitable companies. I'm looking for small companies that appear to fill a unique, lucrative niche. I've usually found them in biotech. If a small company makes a significant medical advance and the FDA approves it, there's an excellent chance that its price will jump several hundred percent in the coming years. There's more to it, but that's the gist of what I want in an investment. 3% and 5% gains and dividends just don't cut it with me anymore. Life is too short to invest that way.

Re: "How many thousand shares did you buy?"Once again, no offense. That's personal and I'm not going to answer it. Nothing would be gained from telling you, and you wouldn't even have any way of knowing if I was telling the truth. (Out of curiosity, why do you want to know?) I'll only tell you that I put twice as much into KPTI as I used to call my "standard position." I'd have bought still more, but I didn't have any more cash in the brokerage account. I'll also share that I bought at $8.95 when the stock was falling. When I recommended it here, it was $8.65. A few days later it was below $8.00. I've never claimed to be the world's best at timing. I just have a very good "algorithm" for finding likely long-term big winners before the big guys do.

BTW, KPTI's volume has stayed low. I like that. Someone with bucks is going to notice it eventually and both the volume and price will leap.


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