RE:RE:RE:Bashers... you said it...ahemmmmm.... I've owned this stock since it traded just above $0.08 and I count myself fortunate that it has never been "red" for me, but that is not why I still hold it. I have researched this ticker to the fullest extent possible and the story is among the most compelling in my portfolio. Yes some people may have bought in at a higher share price than the current share price... but they will only lose if they sell. So the questions for them should be as simple as:
Does all the due diligence add up?"
Can I afford to lose what I have invested?
Am I ok with holding?
Do I understand the risks?
Are we on the brink of a technological disruption?
Do I still believe in the story?
What is my projected rate of return and in what timeframe?
I infer that you have a specific type of investment style which serves your purpose to the degree that you feel compelled to share it in the manner that you do. I've always conveyed that I do think that you have good information to share. I would only encourage you to make it palatable. Try conveying it in a manner that doesn't encourage others to question their decisions or feel poorly about them. Your investment style works for you... fantastic... but you are openly challenging those who don't trade in the manner that you do. None of us have a crystal ball, but if this ticker is $4.00 this time next year, then holding during this quiet time will seem like the right choice for some.
Not everyone here is a day trader. With hindsight it is easy to say I should have or could have... or to say how right you are. The share price for EGT has been stable, and managed within a very tight range. With no news for almost 3 months that is telling for one specific reason... most other plays would have faltered by now... so why not this one?
There is merit in the saying "if you haven't got something good to say... then say nothing". I am not saying that you don't have anythng good to say... what I am saying is that the things that you do have to say, that are of value, are lost through the manner in which you convey them.
And to my 1 star fan.... I know who you are. You attention remains flattering.
GLTA & DYODD
thepbay wrote: Yes, discussing the process, checklist, and SP of EGT makes me a basher. I said it needs lots of time, I call it like I see it. Obviously with greater comprehension of the stock market then yourself. Everyone here said NR at any moment and profitable by end of 2016. The SP is .30. So, looking at the market and what has been moving, then comparing it to where EGT has been and is currently trading. Very easy to see who made the right choice to bail. There have been many big movers all over the market, I am sure ppl that threw all their money into EGT, and are in the red, are not happy about missing out on the MJ sector, GEN, KEK or gold stock. Bascially everything has been making gains except for EGT. If ppl sold when I said, then bought back, they are most likely red from both transactions, not smart. You are still waiting for all these promised discussed in the "pump" from this "experienced" management team. This will be dead money for a while yet. Stock waiting for "news" are not the ones to be holding in this market. GL