2010/2011 I bought lots of Wof shares ($.12 average with $30k spent) and I was convinced Wof was taking me to the promise land.
Feb 2012 when IMC came on board and the s/p shot up into the $.30s I really thought I was smart and had caught a ride on the next 10 bagger. In fact I was so smart that I then doubled up my holdings by buying $30k of shares at $.30-$.31. That greedy move on my part was my downfall. Almost instantly the s/p went back into the $.20's. My break even was at $.22 and I was foolish enough still felt safe and I figured it would never drop below $.20. You know what happened next with Wof. It became a seemingly bottomless pit.
Finally the lights went on for me that WOF was no longer as de-risked as I had hoped, so I started selling from the mid $.20s all the way down to $.16 with my last selling. I was lucky only to lose as little as I did. Others close to me held on and rode the s/p way under water. I continued following Wof and this bullboard, hoping for a phoenix story for my family and good friends. I thought that metamorphous might have started with the great recent n/r's regarding Wof now being ready to move towards construction. Alas, Wof finds other ways of disappointing retail shareholders.
BTW, I always pay attention to what
mtlimpact has to say. Check out his last post. English isn't his first language, but he has a lot of money in Wof and he is smart. The only silver lining with all of this is that perhaps Almonty will be able to get Sangdong constructed and generating revenue such that Almonty will finally leave this penny stock territory. One can hope. I do wish the best to all you Wof retail shareholders--you deserved better but it is what it is.