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Re: cjf913913 post# 13710

Thursday, 06/22/2017 11:50:29 PM

Thursday, June 22, 2017 11:50:29 PM

Post# of 14821
I used to appear during the dog days, but it gets old. The same story has been playing out here since the late December 2016 lows. Bleed, then manic spike, then bleed again. Then spike, and on and on.

It isn't bothering me because I know that one day it will keep going. Of course, I am not feeling the pain of others because I started buying late 30's and average is mid 40's...probably 46 or 47 cents.

I feel that I am covered no matter what. I could be wrong, but the odds are high that at some point in the near future I will have the option to sell all and make at least a 100 percent profit. If I get lucky, I might make many multiples.

My analysis is that the odds of a permanent loss of capital at this price are close to zero. And since I have followed this stock for almost a decade, reasonably closely, as well, I know that the time to own it is right now. There will come a time when all Hell will break loose to the upside, and the sooner the better, but I will wait it out until it happens. For starters, it would be nice to find a range that is closer to one dollar than 50 cents, but beggars can't be choosers.

I know that if you can handle the "watching paint dry" days like many of the low to mid 40 cent range days are, then you will usually be rewarded with a nice spike at some point. They haven't turned into something bigger yet, but those are real trades at those higher prices, so something big is likely on the horizon.