RE: The next ULTA BEAUTY INC ?23 Oct 2024 08:22
Hi Elrico,
Thankyou for your kind reply, I knew you would never make financial figures up previously without them coming from a much closer to the company source.
I don't know if you have ever completed the opposite and shared it with your subscribers, a blow by blow itemised report of how much per deal was actually generated and what went wrong. Yes its much harder to do, but demonstrates balance, and quite honestly peeps have a right to know.
We all hold scars from investing and trading, yes we know the risks, but it still stings when you lose anything, even more so when you had reason to believe it was going to multibag in a short time frame.
My posts are not a dig at you, or doubting in any way the quality of the company you keep, mainly aimed as a warning to the less informed investors who clearly read something rosy, then decide to put the farm on it, expecting that multibag in a short timeframe.
As an aside this is a true tale, many moons ago I took a great TW tip to invest a decent wedge in GKP an oiler before they struck oil. They then hit multiple reserves and for me it went to a 50 bagger, I had also topped up at lower levels when it first struck oil. I honestly thought I was going to make a literal million out of it, and we ignored the CEO's excessive remuneration and the boards as well because it seemed to good to be true.