Sunday, November 22, 2015 11:57:12 AM
For me, I'm just looking at it as if it is a good opportunity to buy more. instead of paying $1,500 for 10k shares, I'm only spending $500.
It's basically still in the same legal position it was when it was $.25 (or even $.50) except for:
1. Timeline (it's not going to pop in 3 months (like a lot
of people thought it would, including myself), but might
be two years which not everyone can afford to wait. I'm
willing to wait for a 20xer (low estimate) over 2 years.
2. The convertible debt. I fully don't understand the
convertible debt, but I do know $400k is not a lot of
money when we're talking we can win $500million if not
a billion as ATVI's lawyer already stated.
Yes, even though the odds are incredible, anything can happen. 75% that we will see a 2,000% increase over 2 years, or a 25% chance we will see -100% decrease.
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