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HoldThatWinner (33.33)

Don't Call It A Comeback

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November 15, 2010 – Comments (8)

Ok, guys. First off, Love the Caps. Not sure how many of you caught my last post of "Always Read the Rules Dummy", but I'm about to try and do the impossible. Hit the All Stars within my first week, commit caps suicide by closing positions out to quickly sub 5 points, fall under 20 caps points, and make it back to All Star Status. All within 3 months. Wish Me Luck.

8 Comments – Post Your Own

#1) On November 15, 2010 at 6:03 PM, kdakota630 (29.81) wrote:

Your story reminded me of something a read a long time ago teaching a lesson about knowing the rules, but luckily was able to find it fairly quickly doing a Google search.

Sorry it's not about your current blog but the one you referenced.  It's just too good a story and lesson that I couldn't resist:

Wild Cat

A stranger walks into a saloon and gets a drink. He sees a poker game and asks if he can play. He's told to take a seat. It's a no limit 5-card draw game and he's a pretty good player. After about an hour of so-so hands, he draws Aces full and makes a sizable bet.

The old guy across from him raises all-in and the stranger calls. The old guy lays down 23457o and reaches for the chips.

"Whoa, there. I've got Aces-full."

"Yeah, but I've got a wild cat.", says the old guy.

"A wild cat? What the hell is a wild cat?"

"A wild cat is 23457 off-suit." Like this, "Says the old man."
The stranger starts to burn and says, "I've played a lot of poker, but I've never heard of a wild cat."

"Well, if you've played a lot of poker, you oughta know that you should learn the house rules before you play. And this here's a house rule."

At that, the old guy points to a sign just over the stranger's right shoulder. The sign says, "House Rule - Wild Cat is a 23457 off-suit and it beats everything."

Being a gentleman and an honorable gambler, the stranger takes his lumps and settles back for more poker.

Several hours later, the stranger is dealt 23457o. He bets and the same old guy raises him the pot. Without the slightest hint of a tell, the stranger raises all-in. The old guy calls and lays down an ace high flush, and reaches for the chips.

"Whoa there! I've got a wild cat.", says the stranger as he lays down his cards.

"Nice hand.", says the old guy as he scoops up the pot. "What did I tell you about house rules?", as he points to a sign over the stranger's left shoulder.

"House Rule - Wild Cat - Only Good Once a Night"

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#2) On November 15, 2010 at 6:16 PM, PickThatBooger (28.38) wrote:

HAHA, that's great! Thanks for sharing!

 

P.S. Here's the previous post "Always Read The Rules, Dummy (Me being the Dummy, hah)

 

http://caps.fool.com/Blogs/always-read-the-rules-dummy/466984

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#3) On November 15, 2010 at 6:17 PM, PickThatBooger (28.38) wrote:

P.S. I started another account as well, "Pick That Booger" But I know the Rules now! Good Luck all

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#4) On November 15, 2010 at 6:37 PM, HoldThatWinner (33.33) wrote:

P.S. dakota love the GPRLF you guys picked (actually I believe it was Sinchi), and was able to grab some in RL on the pullback last week (I was waiting for that pullback as well). Added it to the Caps w/PickThatBooger, But will add it tomorrow w/HoldThatwinner. GLA

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#5) On November 15, 2010 at 6:46 PM, kdakota630 (29.81) wrote:

Yeah, that's totally Sinchy's baby bringing it to the attention of the rest of us.  I picked some up in RL at around the $1.20 mark, but kicking myself that I waited that long expecting a pullback.

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#6) On November 15, 2010 at 6:52 PM, PickThatBooger (28.38) wrote:

Hey dakota, how high do you guys think that puppy can go >If< they find gold on the property? Of course that's a big "If"

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#7) On November 15, 2010 at 6:56 PM, kdakota630 (29.81) wrote:

Sinchy is by far the expert on that one, but I believe he expects it could go as high as $7/share.  That all of course depends on what price silver hits, and I believe it's got a long way to go before it peaks.

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#8) On November 15, 2010 at 7:02 PM, PickThatBooger (28.38) wrote:

THX for the heads up, I'm long a few thousand. GL

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