Post by
Alwayslongs on Feb 23, 2021 9:27pm
BTE will recover just matters of time
I have been long on BTE for a while. Longs on BTE doesn't care about what the price is right now and we care more about what price will be in a few years. Don't quite understand what Unlucky's point is. I agreed there is no chance for BTE to go back above 20's even above 5 in a few years. But if you believe BTE can teach 3 bucks in 2-3 even 5 years. That will still be 40-50 percent rate of return every year, which will be awesome. Longs don't expect a few times in a few months so either you are a believer of BTE and then you just get in at such undervalued price or leave the stock alone and buy other stocks. No point always bearish on BTE, I will be happy if BTE reaches 2 bucks in 2 years, so I am totally confused by what unlucky is trying to express.
Comment by
Unlucky13 on Feb 23, 2021 10:48pm
What is your average cost? I bought some at $50 so I would like my money back. $2 I am still down multitudes of percent. You obviously didn't buy for over $5 a share.
Comment by
Alwayslongs on Feb 23, 2021 10:58pm
My cost is low for sure because I am a believer when BTE is way undervalued when sp is under 1 buck. I am making very decent profit and will make much more when BTE is reaching 3 bucks. I don't understand if you lose all your money, why didn't you get in right now and get some of your loss back when BTE recovers. I know it won't get you much but still something.
Comment by
Unlucky13 on Feb 23, 2021 11:21pm
I averaged down 20 times. $50, $40, $30, $20, $10, $5, $2, $1, 35 cents, still have an average cost north of $5. Went all in at $2 on margin and nearly lost it all as it sunk to 28 cents. Still down $200000 dollars on this dog. I don't have $100000 to buy more. I spent every last cent and maxed out $100000 on credit cards buying BTE. There is nothing left.