Not greedy, UNREALISTIC and probably inexperienced. Definitely unrealistic.
A year ago this was in the triple 0's, not at .045. When I was told about this about 7 months ago it wasn't at .045. My first buy was in the low .03 range.
Anyone who believes an anonymous poster on an anonymous chat board that a .01 stock is going to a quarter is a fool. This is where inexperience comes into play.
You were warned of the impending Reverse Split almost a month before the Shareholder Meeting. You had the ability to go to the shareholder meeting and contest the split in person, or do so in writing. You had the ability to sell your shares at anytime after the shareholder meeting knowing that the majority of shareholders voted in favour of the Reverse. Inexperience or something prevented you from doing this.
More inexperience. Companies that make "sure" that their stock price is at a certain point are violating anti-manipulation laws. You make it sound like NASV intentionally dropped the price of the stock in this. That is completely ludicrous.
You bought at the wrong time and in one piece. More inexperience. NEVER EVER buy all you are going to at once. At very least I stage in 3 buys... 50% of the money allotted for the first one, then 2 more at 25%. This way when things go wrong (which is very frequent in pennies) you have the ability to average down.
The math is also solid for this pps regardless of where you bought. Later in your statement you say the pps has to go up 400% for you to make any money. My question is this: Which method will it be easier for this particular company to regain that 400%? With 800,000,000 shares outstanding and a price of .015 and on the OTCMarkets? OR With 4,000,000 shares outstanding and a price of 3.00 and on the NYSE Markets?
The 2nd situation would allow for mutual funds and other institutional investors to come in. They don't buy $500 in stock. Their "small time" would be in excess of $50,000. Other than one or two investors in NAS nobody will be willing to put that kind of cash into a penny stock.
Once the company gets to NYSE Markets this scenario is very very likely. The P/E ratios of 18 - 30 are normal for NYSE level companies in NASV's situation. OTC Markets level have P/E ratios of 2 or less. Staying on the OTC by not doing a reverse is death. Slow painful death.
This is exactly my point. How many other investors have you personally scared off with your posts here? How many people have thought, hmm it may be good but he has a point, and not purchased? Are YOU doing this or are you working against the greater good simply by complaining?
Investors dictate what a company is worth not the company itself. The company has a job to do, and that's to make money and communicate with shareholders. There are certain times that they are not allowed to communicate by regulation, before shareholder meetings, before dividends and splits etc. This way the company is not persuading shareholders. It is up to US to get the message out to others that the company is good and growing.
Of course you don't. That is inexperience at its finest.
If you find it difficult to laugh at yourself, I would be happy to do it for you.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.