RE: Candi_Cane5 Dec 2021 23:35
Why is it "highly unusual" to align the accounting standards of two companies post acquisition? Genuinely interested in your answer here, although I expect you wont answer. Nearly a year in a stock? If you've been in nearly a year you had your chance to get out when we hit 8p (as could IInor anybody my family, given the liquidity at the time) mcould have made yourself some money then but you chose not to. Begs the question why given your so hung up on liquidity and my ability to sell or face my family over the Christmas table. You can rest assured that my family and I will attend midnight mass to celebrate the birth of the lord Jesus Christ, thereafter we will (adults only) drink copious amounts of alcohol and enjoy the finest christmas dinner cooked by my mother in law.
My family and friends are invested based on their own research following my initial conversation about the share. My father in law is a retired accountant / stockbroker and is very shrewd with his investments. He has invested a lot of money into this company, not something you do on a whim or on a ramp from your son in law,.when youre 75, especially with his background, he did his research, talked with GS and made his decision. He sees it as inheritance for his daughters and as such owns nearly as many shares as I do. That's some investment for a "ramp" from.me.
Why did you invest over a year ago Candi? What persuaded you to part with your money?