FlyerTalk Forums - View Single Post - What drives Air Canada's stock price?
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Old Jul 31, 2014 | 2:35 am
  #38  
tyberius
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Join Date: Dec 2010
Posts: 1,161
Originally Posted by CloudsBelow
So, you feel my speculation position @ 9.79 is a bad one?
Or, is this just another non-committal, Monday-morning QB post from you?

I will leave the investment strategies to squares like you while I ride my gut feelings ...
I guess you fail on basic reading comprehension.

I will rephrase for you, maybe it will help you understand the second time around.

Gut feelings are for gamblers. Losing gamblers.

Market timing is not an investment strategy. It is for fools. Fools that may wave pom poms and ask, hey, who's in it with me?

If I flip a coin and it comes up heads as you shout heads, you can go home all you want and congratulate yourself on your foresight. If you want to build an investment strategy around your gut feelings and market timing on whether or not a coin is going to come up heads or tails, you are welcome to. Over the long haul you will hand your money over to the people who are smart.

By all means, do what you feel like doing, even if it is stupid.

Do you think Air Canada will forever be above nine dollars and seventy nine cents? If you sell for a profit, congratulations. Does that make you stupid though if it goes higher and you left all that money on the table? If you hold forever and it falls below 9.79 are you now stupid? Are you going to post here every day and scream at your enemies how much paper profit you're making when it goes up? Are you going to time the market on your exit? If you sell does it mean that you no longer think Rouge is a good strategy?

Do you even know, in the slightest, what you're doing? Lol. I think that amount is clear. "My speculation". You said it all right there. Nobody will stop you from gambling. Maybe you win, maybe you lose, but gamblers have no clue what they're doing. It's speculating. You're one of them by your own admission.

Last edited by tyberius; Jul 31, 2014 at 2:50 am
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