Indeed, I've been around for nearly a year now. I've seen the price fluctuations -- and I've seen the progress of the company.
Everyone here was excited about the company until the price started to change, but we are looking at a long term security in a volatile part of the market. Of course the price is going to fluctuate massively. This is a learning lesson for all of us, but we aren't losing our money. The price goes up, the price goes down. It's all based on the volume of trades happening around the security. But the security is sound. The security is a long term hold, and the price will fluctuate all over the place over the course of its life as long as human beings are making the trades.
Just like water coalesces around a spec of dust to form a raindrop, traders group up around securities and then dissipate to form price fluctuations. We saw a massive grouping of traders early this year when STEV announced that it was getting involved in hemp. That group dispersed with the help of dilution. But our O/S after the dilution is still going to be great. The company is still advancing. It's distressing to see big red numbers, but the key to good investing is not allowing that to control your emotions and cloud your judgment.
If you guys had concerns about this security, you shouldn't have held for longer than a few days. Period. No sense in crying like children now. If you decided to hold long term, this is nothing except an opportunity to add shares and average down before the price fluctuates back up. When we do have another group of traders coalescing around STEV, if we break our previous highs in the .30s, we are going near $1.00 quickly. Anyone brave enough to continue adding during this period will be fabulously wealthy.
