Dan, you again are "spot on" with good advice. Fortunately, I bought a bunch more when the price was down around 1. I averaged much lower and since have made a good profit on trading MRPS. So now, I have a good position as a long-term investor. But, as you said, "use caution when buying MRPS". It took much more capital than I wanted to use to get myself into a good position.
And, to repeat what you said, "There is a lot of hyping of this stock and dependence on PR to move price."
Fortunately, I had the available cash to change what was, on March 3, a very bad position. And, it took some real attention and buying and selling to reposition. Fortunately, the price moved up this week to over 2 and I was able to implement a plan for recovery with which I am now very comfortable.
I learned to be smart and to control my own greed though using this thread as a learning tool. So, Dan, I implemented your advice already. And, it is very good advice for anyone to take. I know. I had to scramble to reposition.
Your advice could be heeded by all.
MRPS may or may not rise significantly. I hope it does rise. For those counting on this to be their saviour, I wish them all good luck and hope all are made zillionaires. |
