RE: RE: Million Dollar Loss I am with you on this Tepin. I also have not sold a single share and actually bought more today at .165. I also have, what for me is a lot invested here. You have done the math and have come to understand the value in long term investing. Anyone who honestly thinks they could have jumped around from one penny stock to the next and made money when the overall pennystock market goes to near bottoms is just fooling themselves. They are not being honest with themselves, or what they would have actually done with their investment dollars. They have never taken any time to study their trades, learn from their mistakes and develop an approach that works for them. When you understand how you trade and what works for you then and only then do you start to make money in the market. XXP owns 19% of AXI and they got in at 25 cents and they watched their investment grow to 93 cents have they sold a single share when they saw their investment tank to 13 cents. Not at all, in fact they continue loan out money to AXI. I do not think XXP is going to walk away from 150 years or more of Iron Ore Production, the many millions they have invested in AXI or their ownership stake. Where are they going to go? what is it about $49 per tonne iron ore production cost or lower, not to like?
What does HVAC have invested here? nobody knows. Nobody knows his/her intent. Know what who cares?
I feel that an HVAC can only be right when the Market SUCKS, lol
Tepin i want to thank you very much for your posts, outlook and investment strategy. You are a ray of sunshine in a messed up very confused market. I hope you will make many millions, many times over, because guys like you deserve to win. Best of Luck, stay long and strong :)