GREY:DLTNF - Post by User
Comment by
Anschutzon Apr 01, 2021 5:40pm
129 Views
Post# 32925317
RE:RE:RE:Year End Financials
RE:RE:RE:Year End FinancialsNow do that calculation in reverse as that is what long term shareholders have experienced. No indication winds are changing. Bring on the AGM. It's gonna be fun. CEO praying that COVID doesn't let up anytime soon and government imposes more lockdowns. Anything to keep from having to face shareholders. Maybe John will say to shareholders... "Thanks for your donation".
Schwag wrote: xkos48 wrote: For sure,this is a long play,no money to be made quickly.
My friend it sounds as if you haven't yet discovered the power of longer term holding. Let's say you bought at $.50 and a year later it's at $1.00. you are now sitting on 100 Percent profit. Let's say it doubles again to $2.00. now you are at 300 percent profit. A five percent increase now is a 20 percent increase in your account. And it keeps accelerating the higher it gets. The thing is it takes patience to get to that point. What if you are sitting on 500 percent profit? Now a five percent increase is 30 percent in your account. Is that quick enough for you? Or you can settle for a few pennies here and there and hope you come out ahead.