Some really good points, all I meant was it seems that a more seasoned investor will not let petty emotion take over an investment decision. I don't claim to be immune to that but I will look at fundamentals before I fly off the handle. And your right, you should know when to cut your loses if the company is going nowhere, this is not the case here. I followed this company for a while and got in when nobody wanted the stock, so I got it cheap, so I haven't been around that long, and if I had some more cash I'd buy all I could at these levels. Your right, there has been endless preaching of better times etc but haven't we moved from the 20's to the 60's, and now we are sitting between 38-42cents. Even at these levels, that's pretty much 100% gain, but still not where we should be. I know it is not great but it still has moved. I believe it will move much more, just my opinion by the risk-reward at these prices does look really attractive. I don't want to make it seem like anyone who has something negative to say I will come out swinging. I think you need the other side of the coin too but it should be done in a civilized manner like your post. When others come on here with comments like "blow me" etc, and claim to have no interest in the stock, I have to raise my eyebrows a bit. Anyway, I hope better times are ahead!
I am not going to give a time line and say by such and such a date, we will be at $1 or $2 etc. However, it is not unrealistic in the least to say that we will eventually get there. I don't expect to get fabulously wealthly on this stock but I am pretty sure I will make a nice heafty return. My avg $/sh is now around 35cents after buying more @42cents and it is just my opinion that it is good for at least a triple(eventually). |
