Well, to those who think "I’m a long-time investor... it’s not a loss until you sell."
When I did my snarky post on The Container Store a year ago, the battered chart looked like this:
Well, to those who think “I’m a long-time investor……….it’s not a loss until you sell.” I present you the updated chart of TCS, which is one of my 120 short positions.
In other words, it lost another 50% even after its utterly horrible public offering. Firm support remains at $0.00.
This blog is not, and has never been, investment advice. It is a place that allows me to express my own views on the market and specific securities – as well as make whatever cultural observations or other odds and ends strike me as worth writing about. So I take absolutely no responsibility for the losses – or any credit for the gains – you may or may not make from reading this forum. Whether you lose your life savings or make a fortune is entirely up to you and your own skills/luck/fate.
Please note I am the principal of Tim Knight Organization, LLC, a California-registered investment adviser. The content of the postings and investment strategies and discussions provided herein do not necessarily reflect the views, opinions or policies of Tim Knight Organization, LLC and Tim Knight Organization, LLC makes no warranties regarding the accuracy of their content or their completeness.
Comments
Log in or sign up to join the conversation.