RE:RE:RE:RE:RE:Nice Close 1.05Gromore wrote: Its always best to average up and not average down! buy high sell higher! Just my 2 cents.
I've certainly made more money over the years averaging up. That's my 3 cents worth (inflation and an inflated sense of the value of my 2 cents worth). My photo is a coin in my collection. A 3 cent American coin from the 1850s. Made of silver. Just a weird little coin. I'm okay paying $1.05, though picking up a few at $1 is better. It's a win,win,win scenario. Exactly the same as played out last year. Will they hike the range , like they did last year, to reflect the higher and higher NAV? Are their enough shareholders that took TIE shares in exchange for properties wanting out again? I don't know but if by some stroke of good fortune they buy back 9 million shares at only $1, this stock is going much higher after the bid. Just like it did last year. It's like my pal Eric nuttal is fond of pointing out about his oil companies and their NCIB. Just keep buying in that stock, I want to own the last share standing because today it's worth over $34,000,000 per share. Long way from $1.00. Or realistically, whether I buy at $1 or $1.05 just won't matter when it's $2.00. Or 2 cents.