RE:RE:RE:RE:Question, from an unbiased partytony08 wrote: i read your post and i respecfully would like to answer this:
You say " He bought high and didn't average down" ........I don't know how much experience you have but i have been trading for a long time now and i can tell you about a couple of title that i have averaged down and down and down until it was worth nothing......
Like i said in my last posting.....it's a question of credibility.....What i see for now is that they are diluting the stock value because they need a lot of money to continue and i do not trust them anymore.
experience....?
well I certainly don't have 30 years with a chartered bank investment division but I too have thrown good money after bad too often in the venture casino. I've also caught one too many falling knives et al. My point is that I and a lot of longs pulled out some great profits from this ~200k. Like I said, I got a nice Litlle condo from it. I'm loading up again and my plan is to wait for the next round of great news and promo sometime in the 2nd qrt. I'm not giving advice, I'm stating what I'm doing based on the fundamentals as I see them and how I'm playing it So, choose what's best for you based on your risk tolerance. My risk tolerance is low... that's why I own Cielo. They have the mojo and are not in POC mode.... they are in tweaking mode and that's the king of de risking i need to see in order to invest my hard earned money.
All imho and glta