RE:RE:RE:Timing the TradeYou need to consider that shareprices change over time. Sometimes you see prolonged run ups like what were seen leading into Canada legalizing cannabis and then you can see prolonged downtrends, as seen on cannabis stocks (all of them) when COVID lockdowns kicked in and continued up until the HHS letter of recommendation went out to the DEA and the Vice President of the United States came out to speak on behalf of legalization.
Regardless of when you bought shares in a cannabis company the value of your shares would have increased or decreased during that period. Those who bought before the Canadian run up fully kicked in would have seen enormous increases in value and those who bought during COVID years likely see a deceased in value.
Back to your view on dilution. First off I would strongly suggest you not use that there in context of your view as the term is pretty specific to the issuing of additional shares on part of the company. Anytime you are researching and someone uses the term this is what they are referring to. You could literally mislead yourself by not understanding the terminology fully.
Using your example yes, you are correct. Someone who bought shares at $70 and made no effort what so ever to average down their shares or swing trade for higher sharecounts would indeed be looking for $700 now. It would be a decision on part of the investor to do that and would rely on their level of confidence, their allowable budget and the timeframe they are speculating on to see the higher targets.
I think a more accurate way to state your view would be to note "unrealized" gains or "unrealized" loss, in other words the loss on paper or the gain on paper.
Hope that helps
Q