RE:RE:RE:RE:RE:RE:RE:RE:FFS!! I'm pissed off!! SVA going down to a dollar tomorrow.BioT,, I have no issue with SVA raising funds. I'm pissed at them raising at 1.20.
Instead of waiting for the SP to eventually go up so as to raise $$ over 2 buxx, they announce a bought deal at a buck twenty. Why? And why now, when so much money has already been raised with warrants being cashed in???
As for my experience, I'll be turning 60 this year, have been investing since 1989, right after the market crashed. I am terrible in timing markets. I don't understand TA, and usually, When I sell, the SP goes up and when I buy the SP goes down. Lol.
Learned the hard way, and early, that the only way to make money in this shark infested stock market is to buy solid stocks and hold them for years. If I paid too much on a solid stock, eventually the SP will come back and continue to rise.
I have plenty of examples of buying quality stocks and holding.
Bought Qcom @ $69, went down to mid 40's. Now @ 160.
Googl @ 600... AMZN @ 556.... BB @ 5 USD. ETC, ETC... And still holding these.
I've been holding SVA for so long and buying along the way throughout the years bc I saw potential. Never imagined I'd hold so many shares years ago when I started accumulating, but it just happened.
A word for the Young investors.
The only way to make money is to buy and hold good quality stocks. If you've realized you bought a pump and dump, sell at a loss and move on. Don't hold the garbage bag. Let it go and learn from your mistakes.
GLTA of us......