I was told about KXL when it was 60 cents and I started buying when it was 80 cents (filled at $1.00).  A friend told me it would go up 100 times.  I smirked a bit and said to myself that stocks generally just don't do that.

I am definitely not counting on anything like that, but I'm not laughing as much at the idea either.

Some people may be hating us for the old computer stories, so I'll ease off.  But good stories guys.  It is ridiculous that I invest as a key part of my living and I use an 8 year old computer, heavily modified.  Just too busy to change (mostly because I make it so complicated to build the new one, and take it all apart the first thing anyways).  I have promised myself dual 30 inch monitors.

As  a comparison to KXL and with apologies to mzsmith, I remember as a young project engineer that one of my team members walked away from a good career, sold his parents' house from under them and put the whole thing into a small company with an unproven business model and a short track record.  Run by a dropout.  I laughed at him.  It was a little company in a newfangled business, insecure business prospects, symbol MSFT.

Sigh.  I didn't buy a single share.

I wonder if he misses being an engineer.  Doubt it.

When google came out, I thought the stock price was ridiculous and looked into shorting it.  50% improved in my investing instincts, I gave myself a good slap to the instead (yeah I know, you all want to help me with the slap thing). 

I can't wind back the clock, but I'm committed to:  when I see a good thing, I move, and I trust my own instincts more than what any acquaintance happens to say off the cuff.  I actually got a call from one of my brokers today asking me why I was so long on KXL. I took it well.