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Re: Ratan09 post# 28035

Tuesday, 04/29/2014 2:28:57 PM

Tuesday, April 29, 2014 2:28:57 PM

Post# of 28543
WHY IS IT A GOOD TIME TO BUY THESE EWRC(d) SHARES ?

Very good question !!!

I bought 6 million shares at prices from $0.0002 to $0.0004 Let's call my average cost $0.0003, for the sake of simplicity. OK ?

SIX MILLION times $0.0003 ( average cost ) is $1800.00 total. OK ?

I will get 120 shares post split. WHICH STINKS ! But such is life.

120 shares guzzinta $1800.00, fifteen times. So here we are :

MY NEW AVERAGE COST ( post split ) IS FIFTEEN blankety-blank DOLLARS. Per share — for 120 shares . . . . .

HERE IS MY COMPLETELY FLAWED RATIONALE FOR BUYING ANOTHER 120 SHARES AT 25¢ (or whatever) - - - - -

ONE HUNDRED & TWENTY SHARES ( post split ) times 25¢ , is $30.00.


Since I have ( practically speaking ) lost my initial investment of $1800 ( ya think I have ? ) then I can completely double my initial investment of $1800, buy buying 120 new (post split) shares for $30.00.

NO BRAINER.

Some would call it "throwing good money after bad." TRUE ENOUGH. They are right !

I call it averaging down all the way to the dungeon, for almost no dollars at all !

THIRTY DOLLARS IS CHICKEN FEEDTO DOUBLE MY SHARES ! Which cost me $1800, about a month ago.

JMO

Until2017