Great Potential I was buying shares since the end of June , obviously at much higher prices . I was shocked at how fast they tumbled all the way down to 8 cents . I could see no reason for it so I called the company . As it turned out , very nice people . They are shareholdered and were as surprised as me . Adam told me that somebody who invested in the initial financing at 35 cents per unit dumped a pile of shares all at once and set off a cascade . I can never understand why people do this when they could do orderly selling . Maybe his wife dumped him . Who knows .
I have never followed the expert advice of , " never average down " . I say , if the stocked tanked but it still has the same potential that you thought it had at much higher prices , then buy all of it you can get your hands on . That`s what I`ve done . Starting Oct 28th I`ve bought a ton of it between 8 and 11 cents .
My average has gone from 29 to 11.5 cents . I see no chance of not making a nice profit unless the world ends . Then it won`t matter . I am greatful to the dope that dumped a ton of shares .