GREY:SWYDF - Post by User
Comment by
griefmanon Aug 23, 2019 11:52pm
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Post# 30061316
RE:RE:RE:RE:RE:NR
RE:RE:RE:RE:RE:NRWould not be surprised if there is Gov intervention, but what is left for SH is, and should be, your concern, if you are one.
The stock was trading around 1.35 or so at the ribbon cutting opening ceremony if my memory serves me right.
Can you imagine how those SH feel if they looked at this as a legacy buy and hold stock? Sounds bloody ridiculous now when you look back at the potential loss for some who were swayed by the now infamous “its a no brainer” use of your line of credit buying strategy that I must have missed somehow, someway thruout the years of basic business/economic ideals and practices written in text books.
As as an example, your 10,000 shares you bought at 1.35 cost you $13,500, and now, if you bought into the buy and hold “legacy” SH status some promoted vigorously, your shares would be an embarrassing $150 bucks! And if you used your line of credit twice...well, I’m sure you can do the math, but oh, add in the historically low interest rate of borrowing, yikes!