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Friday, April 29, 2016 5:12:56 AM
You bought at your best knowledge at that time. If you agree on the big potential of LTNC (despite the fundamental problems I see and believe SHOULD/WILL be fixed), then try to think about it this way: There's an opportunity, the shares you bought have secured a part of it for you. You better don't think about it relatively (to a lower price or to another shareholder's big position) but relative to your goals. I gather you bought 5 million shares (which is good). Yes you could've flipped to make a $5,000 profit but what if the PPS reached 0.01, wouldn't $50,000 look better? And what if you missed the $50,000 for trying to make $5,000? Actually I don’t see 0.1+ a far-fetched scenario. Remember that LTNC is not the end of the world, there’s always other opportunities coming that you could be better prepared for with more experience and funds from previous trades. Also how many similar high potential opportunities you can find now? You can relax now knowing you are already in one. You will start feeling better once (if/when) the PPS reaches 0.0011 and you see your investment in the green.
There's nothing wrong with flipping but I'm talking to someone who seems to prefer high-return investments via less frequent trades. If so, I believe you are already in a good position in LTNC.
Your money, your decisions.
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