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Friday, June 26, 2015 4:11:32 PM
The Grind. MM's will slowly grind this down day by day until there are revenues to support the price. Always remember that price is different from value, but the two always find equilibrium eventually. Use low-price opportunitues to continue to accumulate your core position of high-value stock. Good news will give spikes, so set aside some for trading on the spikes in order to accumulate a bigger core. But until there are revenues, The Grind will continue and you'll have the chance to get them back. Always keep your core position in tact, though, because one day THE NEWS will hit, and you don't want to be on the sidelines. GLTA.
"There are three kinds of lies: lies, damned lies, and statistics."
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