RE:RE:RE:Great Stock too owncampst wrote: With all due respect, Pandora, there can be a time to hit the reset button. I posted post consolidation that one should look at this as a new opportunity and evaluate it ad such. Even if one is invested via a taxable account I believe this to be true. In my case, I was in sty an average slightly under $.30. Upon consolidation, I did a total reset. I decided to sell all my shares, invest half in the warrants ( at $1.48) and re deploy the other half. From here on in I choose to a) accept the loses I incurred up to the consolidation, and b) evaluate my progress and future moves based on my post consolidation analysis. My warrants are up 150%. cheers
Pandora wrote: Midtown007 wrote: Come on back everybody, I never lost faith,like I have said sometimes there is about 5 years of bumps in the road but if you don't quit and percerver you will come out much stronger at the other end.
Late sept/2020 share price $4.52 Right now $ 8.79 up 94% in the last 10 weeks
Long & Very Strong on Siyata Bring on 2021
As long as you don't do the consolidation math of dividing by 145 or, if by chance you jumped back in and bought a bunch more at $4.52, then it looks good. Myself, I just can't help but look at the math and look at how many bucks I put in compared to today's value. Some day I may have enough value come back to look at a better mouse trap! :-))
With all due respect campst but being a person that does not have an abundance of extra cash flow i.e. old age pension I did accumulate 25,000 shares at an ACB of 40 cents ($10K) and then watched it dwindle down to single digits. They were getting decent contracts and they had the tie to the First Alert system so I continued to have faith that it would turn around but they seemed to make cash in disappear and that kept the price depressing. I had a long ongoing debate with Marc when the RS plan was disclosed and he was overly confident that it was the right thing to do for the shareholders -- he could not see my side of it at all. My 25000 shares became 172 shares and at $4.50 my $10000 became $775 U.S. x 1.33 = $1030. I just could not justify adding more money (if I could come up with any) to try and average out at a better number. Having experienced a fall from 40 cents to 6 cents I could not erase the vision of falling from $4.50 in the same manner.
I had visions of it getting from 6 cents back to 40 cents and even then to a dollar. I just have a lot of problem coming up with a vision of $40, $60 or even $100 but Marc does not have that problem.
Right now my original $10K is at about $1900. I still tend to think there is a good market here and that is why I am still sitting here, but I cannot really get eager to, as I said before, chase good money after bad. Just don't have that kind of "income" cash flow -- it's limited, and I've been burned. Once a person is burned a person tends to be more cautious as to what you touch.
Having been burned on about 8 out of 10 consolidations over the past 3 years I am not a big fan of the RS. And I have another one talking about it right now -- they just tick me right off. The joys of Venture investing!!