As Much As I Would Love To Wait It Cant B ForeverWhile i agree with waiting funds out and keeping the dilution low applauding Geoff on this as well as many other things i will not forgive him on his poor disclosure as to the extent of the damage. He should have been more upfront and not have minimized it!!!
I cant wait a lifetime on high risk high yield stocks to actually do anything. All the ones i held and did this with went under. Ironically those i sold out of soared and crashed but i would still be no less than break even at worst and at best 2 to 4 times up. Pyr for instance soared to $12 i bought 20,000 shares at .54 dumped most had 3500 a year before it soared sold at .54 it is in .60 right now. I am eying them. Exro bought some at .25 but averaged .54 dumped at break even small profit soared to $9 now around 72 cents.
But like i said all the damn losers i kept wrnt more or less under Natcore Solar Qsolar Transgaming Rio Nexoptic is very close and more. I have had it it is almost you get what you pay for and if you mismanage your shares you are f'cked not only money but huge wasted time...2 years over here in July!!!
In any case, to the point, i will expect some big moves here but not stupid ones in diluting. I will wait until March of next year or rather end of March hoping that if this hasnt still donr anything on the oil and gas front it would have made inroads in the potash and possibly hydrogen whatever. If this fails to do anything i may dump 4000 shares like i said i cant wait forever and take way too much risk.
I have been building wealth systematically with monies my Dad gave to me to invest and very happy with the slower but more progressive more certain growth. Bought CIBC shares at $58.08 they trade between $66 and $67 with .90 a shate dividend. I sold off 27 shares bought another tech fund which is uo about $120 or 8 percent that i am dollar cost averaging on...if i can sustain a 10 to 20 percent growth year over year it is quite powerful.
I came across Brampton LCS which pays .075 per share monthly about 12.58 divie and have asked my Dads wealth planner to buy it. In January $4.19 last $7.15 i will gain a position at the very least try to get 50 shares i asked for it to be bought but i know he will be hesitant thinking 12.58 monthly is not sustainable but i will say if he doesnt buy per my request and calls i will say i will take the risk. The stock trades $4 to $8 for the most part. I think it will break the 8 possibly hard to say but i have my strategy in play.
Now i will start to reduce my holdings of being way too high risk and balance things out. I was thinking to possibly go more conservative in what my Dad gave to me to invest and keep doing what i am doing here. The problem when you see time being wasted 0 results on top of that and see the better gains in picking the less risky more stable good enough appreciating stocks you think what am i doing?
Sask now recommended Russaro Mining to me at .40 and people made a fuss if i sold 1000 here to get 300 shares there. So where has this been? As low as .075 and cant hold .15 and what of Russaro $1.51 high possibly more and holds constantly no less than $1.30. I think the group called Silver Point or something like that bought 25 percent outstandings around $1.25.
The point is with all these risky pie in the sky companies despite achieving some phenomenal things like Axe if not well enough capitalized without giants you almost really have nothing. Fingers crossed this moves regardless of Marwayne or not but if it fails to do anything end of March i am putting it right here and right now that is about the most i am wiling to hold out before i dump 4000 shares i simply cant wait forever and that has been my problem 7 years with Natcore mismanaged taking gains lost time and money as well as the others mentioned. Nexoptics at least 3 years. Over here at least 2 years and 4 or so months. I was at one time $3000 up on all my shares now $1200 down thats rudiculous i should have dumped when the raise was .68 and not even buy in the .30s as this went down showed some life.
Lost list lost lost. Thats enough of losses om too much money in high risk high yield stocks that prove worthlesd in the end despite whatever promise they have held. The worst is losing not only money but time. I am nearly 50 have to get my financial house in order and need to taje surer stovks dollar cost average take faster 20 percent off the table taje monies faster and stop holding waiting for huge payoits which may or may not comr.
I wish i could hold everything here indefinitely but no my patience is over a lot has to do with Geoff not telling this properly the insiders always having tge edge destroyed the share value and we are most likely the majority of us bag holders unless the shares were properly handled.
I said never again after axe well i mean it. I will need faster gains and more aggressive trading. A friend told me take what the market gives you and that has stuck in my mind. If it means 20 percent take it which i did with one stock too bad with another bet the insiders are definitely f'cking up the share value to rape retailers as it is way grossly undervalued as to what i see. Should be a .15 to .20 stock cant get by .065 after collapsing from .105. The insiders keep lining their pockets. There are people getting .055 when the ask is stable .065 so there is something going on there other exchanges i dont know but it looks more than likely they want to consolidate and uplist to Nasdaq which if they dont significantly improve the revenue it will fail but i think that is the game. They have as i may have mentioned a giant that controls 25 percent of the outstanding Playtech a company that trades around $400/share on the London Exchange that is if it still holding that value so i am sort of biding my time on 40,000 shares at .065 average but i have lambblasted what has been going on quite aggressively on their boards. I will not put up with such nonsense even though i strongly believe if i do i will walk out no less than 10 times up even so the shares should trade fmv. I had said if by next year the insiders continue to screw around i will likely dump 25 to 50 percent of my position. I do expect stocks to trade fmv.
I calculated on 2023 full year gross gaming revenue of 22.5 million on 193 million outstanding shares got .1165 as the calculation. I said that the company would destroy the q1 2023 by 2 million and even q2 and q3 q1 was 4.4 million 2023 and 5.5 million for 2 and 3 2023 q1 2024 was 7.0 million so i was right about the q1 but not 2 and 3. Guess what the shares traded at .045 low closed at .06 ran as high as .07 Friday closed at .055 with ask of .065 and bids of .06 this should not at all be going on.
Why i finger the insiders very easy the same reason as here. I inevitably said if the insiders were not shorting or screwing the share value they did 0 to hold it up so same there if thede are not insiders doing it than where is the share suppirt? But i had enough of all this bs either things change favorably here and with bet or i have no choice to make the tough decision of dumping nearly half here and there because i cant wait forever only to see companies go under. Fingers crossed things start moving favorably everywhere for all of us. Glta