RE:RE:RE:RE:Long term view neededGillie
Never said that! What I did say is the market is not stupid and the share price is where it is for a reason. All this talk of $20-$30 or more share price is ridiculous. If you read what I said carefully it may eventually be a mine but that would be years away 5-10 most likely. Best bet a buy out but no company is going to buy out another at 10 times the share price or 50 and 100 times the fools on this board are talking about. So most takeover occurr between 25-60%. Look I bought under .30 hoping for .60 a double when it hit .50 i still was thinking .60 but put a .45 stop in! So I got stopped out at .45 managed like 40% in a few weeks and no sitting thinking about re-entering again. You see I play the power of compounding. You can take a 10k investment make just 5% every month compounded you end up with 1 million over a 10 year period etc etc. Too many greedy player hanging on too long.
In general most of these stocks go up and down more often than a toilette seat. So is it a good buy! Right now absolutely and I will likely load up again this week. However, if it does well I will never see these massive share prices as i will be out again when I see .60....Good investing and hope you do well just do not let it lock up you capital from greed when you can make it work for you! I learned the hard way took my licks thinking i was smarter than the market! Difference is now I am at least as smart as the market. Sort of like betting the house on a cra ps table.