RE:Listen and Learn this!This is really, really my last post ! But this is just nuts.....
This is called throwing good money after bad or you might call it doubling down. Both are a recipe for disaster....Please don't answer me (I could'nt resist - I 'm weak What can I say).
You are confirming what I've been saying with your "real-life example".
You are proposing that someone who held shares pre-consolidation buy more than 10 times the number of shares that he owned (post-consolidation) to average down. Fine !!!!
EV reclaimed Piskanja in 2000 or so. Been investing $20,000/year in EV up to the consolidation in 2018 or so. Anyway around got $250K worth of EV shares (around 3.M shares pre-consolidation). So, you would want me to drop another $250K (even though that took me 10 years to do) on EV shares at 5 cents! in a few months?!?!
Sounds really great mathematicllay but realisticlly makes no sense.
How much money have you got to drop in EV shares ? Can you do the same amount as you have already invested? That's what you're asking with your "real-life example".
You've got (at a minimum) Jasper, Liveit, Calabrese and me as REAL real-life examples to show you that that's not possible.....
Hey Mon, can I get an adnvace on my next week allowance. I want to average down on my EV investment but I've only got a few months to do it. Can you spare $250K?
Just think about it. Don't reply to my post. Please!
A lot of us would be happy to get out of here even.....
That's real-life examples....