StockDoc60 wrote: Toom
You always imply that you are a savvy investor who knows that this company is flawed but yet you remain invested !! That alone seems very odd and makes me question the real reason for your presence on this board .
Be that as it may, let's look at some facts in regards to GENM and how much money a savy investor could have made . Let's give this person a 20,000cad investment on July 10, 2019 when Genm took over Marathon ( btw : that is a mere two years ago !)
1. July 10 /19 SP = .30 ------ Jan 19/20 SP = . 68
Savy investor sells with return of 45,000cad .
2. Savy investor now takes out original investment and reinvest 25,000 on May 16 2020 at .25cad
One year later Savy investor sells on May 24/21 with Sp at 1.14 cad
Savy investor now has a return of 114,000. cad .This time they take out 57,000 and reinvest
The other 57,000 .
3. On Aug9/21 they invest this 57,000 at.80 cad . Now they must wait for the next leg up . If we assume it hits a SP of a modest 2.50 in a year .The 57,000 will become 178,000. Cad
Savy investor now sells out and moves on with a return of 178,000 + 57,000= 235,000 on a 20,000
investment
( 11.5 x money ))
Conclusion: If you are a SAVY investor ,you made $$$$$ on this stock in the last 2 years and you will make more $$$ going forward
Recommendation : 1. Fess up to being a very unsavy investor who did not take advantage of the opportunities with this stock to make huge returns or confirm that you have indeed done well and stop the whining !
2. Call into the webinar today and ask the hard questions that you need answers to .