Re: Asked and answered
I have never said "Do not sell." I have written that when you expect a stock to fall in price and buy it back, you are "effectively" short so you like to speculate on short term price movements. Because you are speculating in the short term, you will be hoping that the stock follows your anticipated/expected path and you will speculate on why that will happen with negative comments.
I am not telling you to leave the discussion; I read your point of view and disagree with it and said why I disagree with it.
I did not call you dangerous or an idiot. That is not debate-worthy and not why these boards exist, IMO.. And it detracts from your board persona and degrades respect for you as a contributor to this board.
Buy and hold forever is not my investment philosophy. That is Warren Buffet's philosophy on investing.. He's done fairly well, but he does not hold everything forever either, just most of the time. He is independently wealthy and a great investor, still.
Robcos is not always right ( who is), but I would say that his calls on Celgene, probably the best performing stock in the last ten years, has made him a little more money than anyone on this board. He can speak for himself, but he trades stocks in the short term and tells board members as he trades in real time. He does not only buy and hold.
He is just saying that this is the time to buy and hold ZIOP, for now.