RE:RE:RE:RE:RE:Another layman's perspective monkeyhere171 wrote: I wouldn't be proud of that achievement lol
So after holding for close to a decade you are back where you started..
Had you listened to others and sell at $2 could have pulled out your original investment and still have double the shares. But hey if locking money for that long works for you who Am I to question you..
Let me tell you that after NMX bloodbath, I transferred to CRE (hint from NMX board poster). Looked very promising with Helm deal just announced and stock price going up. My first buy was at $1.70 which ended up close to the top and for the next 4 years I was averaging down but it was kept going down..
So my penny flipping may seem like a joke but I have 180% of my original investments ready. Definitely not waiting again for years and protecting my capital is more important compared to some possible mega profits.
Can't recall how many times I was told that will be left behind, rocket ship and so on as no one wanted to sell at $2... now we can see who is left behind.. pulling a big bag and bragging how he still hasn't sold or lost money haha
Why didn't you sell at $3 then when you pretty much doubled your investment after being an NMX bagholder? Why didn't you warn us all then of the imminent collapse in the Li market backed up with data? Im fine to hold here and see how things play out as I was always here for the long term and I will continue to add when things settle down. After all these years you made a couple of grand flip flopping out of this stock, congrats I'm happy for you. That was just luck and not a strategy. Sell at $2 buy back at 90 cents sell at 80 cents then buy back at 50 cents? Big brain Warren Buffet stuff! Clearly you still believe in CRE as otherwise you would have already taken your massive profit and moved on, yet you continue to pick up more shares. Some of us are just choosing to wait it out instead of selling and potentially having to buy back in at higher levels as anything is possible at these levels. Can turn around very quickly here. We were at $2 just a few months ago. You got lucky with your penny flipping that's all. No need to gloat about it here.