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  1. #1
    Zombie Slayer Aloha_Shooter's Avatar
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    MrPrena, if it makes you feel any better, I sold my AMD stock 20 years ago and forgot to buy again on the next dip. Worse, I sold Apple stock on an up cycle expecting another downturn because they had just come out with a dumbest product I could think of: the iPod. That let me walk into the Chrysler dealership and buy my next new car with a check, no loan. Never understood why in God's name someone would pay $300-400 for DRMed iPod when they could rip their own CDs and buy a generic MP3 player with more memory for $100 ... never saw another dip to buy the stock back. 16 years later, I looked at my beat-up Chrysler and figured out it had cost me $1M after repeated splits and stock growth ...

  2. #2
    Zombie Slayer MrPrena's Avatar
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    Quote Originally Posted by Aloha_Shooter View Post
    MrPrena, if it makes you feel any better, I sold my AMD stock 20 years ago and forgot to buy again on the next dip. Worse, I sold Apple stock on an up cycle expecting another downturn because they had just come out with a dumbest product I could think of: the iPod. That let me walk into the Chrysler dealership and buy my next new car with a check, no loan. Never understood why in God's name someone would pay $300-400 for DRMed iPod when they could rip their own CDs and buy a generic MP3 player with more memory for $100 ... never saw another dip to buy the stock back. 16 years later, I looked at my beat-up Chrysler and figured out it had cost me $1M after repeated splits and stock growth ...
    I sincerely believe that most of diciplined investors (another word, not greedy.no panicing) will have lots of opportunities like AAPL AMZN and the infamous YHOO and CSCO in the 90s.

  3. #3
    Grand Master Know It All Sawin's Avatar
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    Quote Originally Posted by MrPrena View Post
    I sincerely believe that most of diciplined investors (another word, not greedy.no panicing) will have lots of opportunities like AAPL AMZN and the infamous YHOO and CSCO in the 90s.
    I believe JD and anything to do with Crispr like EDIT and NTLA stand a good chance at being such opportunities... I am holding all 3 for the long term.
    Please leave any relevant feedback here:
    Sawin - Feedback thread.

  4. #4
    Zombie Slayer MrPrena's Avatar
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    Quote Originally Posted by Sawin View Post
    I believe JD and anything to do with Crispr like EDIT and NTLA stand a good chance at being such opportunities... I am holding all 3 for the long term.


    Thanks for the great tip, and I will initiate the HW. It is not the sector/ind I am huge fan of anymore (pharma/biotech), but definitely would love to start the heavily beat up (distressed) or ones with good potentials.

  5. #5
    Grand Master Know It All Sawin's Avatar
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    Quote Originally Posted by MrPrena View Post
    Thanks for the great tip, and I will initiate the HW. It is not the sector/ind I am huge fan of anymore (pharma/biotech), but definitely would love to start the heavily beat up (distressed) or ones with good potentials.
    My pleasure. For those who don’t know, JD.com is currently the little brother to Alibaba (the Amazon of China), but JD has taken a lot of strategic moves the last year or so, which could help it overtake BABA in a number of ways over time.
    Please leave any relevant feedback here:
    Sawin - Feedback thread.

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