Post by
illumination1 on Mar 27, 2016 9:16am
Change of Plan
I will not sell shares cheaper than what I believe they are worth. Initially, I was going to do so with these ones having some traders and a desired core, but after discussing at length as to how I see and deal with things, I will do everything in my power to wait for these to trade at the very least .08 before I start to let a few go. I don't care what I need to do to hang onto my shares and buy handfuls at a time but the one thing I will fight as far as I can is feeding into and being part of perpetuating low values that I absolutely don't either agree or believe in, over here or anywhere else. Nevertheless, if people are happily selling cheap whether they are trying to keep the equity value down as I know people are doing elsewhere I will do my best to buy the cheap ones following my strategy to fulfill my brokerage's trading requirements. These continue to trade at half of what they should be as to what I see, obviously the market doesn't agree--no problem I know I will have lots of opportunities to buy cheap and I will not hesitate to take advantage of doing so. If and when the market wakes up, congratulations you will look back and see yes, we let our holdings go cheap and that is truly unfortunate but that was a choice people had made in doing so! But with this being said, I don't expect any miracles from the next financials we may start to see things happen in the third one--I suspect it will take two more and we will see profit--this is only my gut feeling though. I guess we will have to wait and see. Still very bullish on this one and the reason I will fight every inch to hold what I have over here as well as others which I strongly believe are undervalued--literally all my holdings! Sorry not going to be generous with my holdings--if the market pays the minimum fair price (as to my evaluation--hey I'm no expert) I will likely shed some shares, if not, I will scrape everything I have to hold everything that is in my portfolio. Looking forward to some more excellent news over here as they continue to come. Onwards and upwards! glta