Just saw this and thought you might be interested in my $0.02, for what it's worth. I definitely don't think much about opportunity cost or the time value of money when it comes to Base. Especially when compared with much more speculative stocks like Aduro or Abaxx (and I have a larger position in Abaxx). There are no sure things in investing, especially in microcap investing, but Base is probably as close as you'll ever get. If it takes me 5 years to get a 4-5x, so be it. I've got 230k shares so that'll be $35 - 50k per year profit for doing nothing other than letting Michael and Wes work for me. Easy peasy if it works out like I expect. I hope I'll make larger multiples with Abaxx eventually and with speculative medical device/drug companies I own, but I don't sleep as easily on them as on Base. Doesn't mean I'm making the correct decision by not selling my BCBNF, only time will tell, but I like the probability with staying put.
Just saw this and thought you might be interested in my $0.02, for what it's worth. I definitely don't think much about opportunity cost or the time value of money when it comes to Base. Especially when compared with much more speculative stocks like Aduro or Abaxx (and I have a larger position in Abaxx). There are no sure things in investing, especially in microcap investing, but Base is probably as close as you'll ever get. If it takes me 5 years to get a 4-5x, so be it. I've got 230k shares so that'll be $35 - 50k per year profit for doing nothing other than letting Michael and Wes work for me. Easy peasy if it works out like I expect. I hope I'll make larger multiples with Abaxx eventually and with speculative medical device/drug companies I own, but I don't sleep as easily on them as on Base. Doesn't mean I'm making the correct decision by not selling my BCBNF, only time will tell, but I like the probability with staying put.
I came to a similar conclusion a couple of months ago and sold mine.