RE: RE: RE: RE: Wow I see nothing wrong with holding a large stake if you believe the end game (not my style as I like to be liquid)
But I will say that a" long" must have the ideal that they purchased for a reason and so long as the reason continues to exist then the SP activity(day to day etc.) should not be of concern (you only suffer loss if you sell).
The toughest thing that longterm holders usually struggle with is knowing when to exit, its fantastic to buy at .10 and watch something go to ??? who knows..in this current environment anyone who claims to determine a longterm projected value is not to be taken very seriously (way too much volatility) I can provide numerous examples of small caps that have or had spectacular fundamentals that went on a run and inexplicably fell to 2008 levels or lower and in some cases were taken out by the big boys for next to nothing,namely SNG as an example (sued the CEO and board and recovered .2 on the dollar five years later,my point being because I am a trader I averged down,took profits from time to time and still was entitled to class action monies but the longs were wiped out)
Look at charts..nothing goes straight up or straight down and that fact = money making opportunities.As a matter of disclosure I sold a portion of my holdings here on Monday and will try to by back a larger stake with that capital today
C97