>>Maybe Crazy has some idea about why this decline is somehow good?. <<
When good stocks drop in price, then it allows the true investor to purchase these stocks at a discount. I have made purchases at $2.45, $2.90, $3.63, $4.35, $5.00, $6.00, $6.85, and $7.60. I could have brought my average costs down if I day traded this stock, however, I have said before, this is a stock I won't day trade! I have been accumulating it as I can.
I think that the current prices are cheap. I believe in the company, their business model, and the opportunities before them. If I had more available cash, I would purchase more shares again.
I believe that it is rare to find a stock with so much upside potential at these prices.
As I have said before, that given the warrants are now being executed, the decline in share price was to be expected. I expect the share price to turn positive when the 10 day window closes.
Crazy Canuk |
