I am one of the whiners or cry-babies you are referring to. It has almost been 2 years since my initial purchase. Those shares cost me $18.45 and I have made 40 additional buys since then. I now hold 73,850 shares in 4 accounts at a combined average of .76 cents. Obviously many of my buys have been relatively small. My last “average down” was about 4 months ago and I have yet to sell a single share.
I actually appreciate your optimism. Even though deep down I can’t buy into much of your happiness, sometimes it helps me get through a dark period.
Some of us use iHub in place of a “counselor, or therapist” to help us through our struggle. It sounds like you may be hurting so I am here to return the favor. Think of me as your unofficial, unlicensed therapist as you read the following:
The 5 levels of grief and loss as it pertains to ECIG:
1. Denial and Isolation
Level 1 is to deny the reality of the situation. You may be thinking “everything will be OK here”. Sales will pick up and insiders won’t exercise warrants or options. US FDA rules? Unknown future for the US? Who needs the largest economy on the planet anyway? You might even isolate yourself by not posting for a while on the ECIG iHub board?
2. Anger
You are not ready. The anger may be aimed at inanimate objects, complete strangers, friends, family, or other iHub members.
In my professional opinion, you are currently between level 1 and level 2 so you have a ways to go yet.
3. Bargaining
You may seek a second opinion? Perhaps you will “average down”? Maybe you’ll consider selling some for a loss?
4. Depression
This phase may be eased by simple clarification and reassurance. Sometimes all we really need is a hug. Since a hug is not possible from iHub, some of us seek this reassurance from other iHub members. I may make a whiny post complaining about the current PPS and “someone else” might console me by reminding me about additional kiosks and better financing? This usually provides some short-term relief before another depressing, whiny post is made.
5. Acceptance
This is not a period of happiness and must be distinguished from depression. Coping with loss is ultimately a deeply personal and singular experience — nobody can help you go through it more easily or understand all the emotions that you’re going through. But other iHub members can be there for you and help comfort you through this process. Like when we ultimately know it’s over and sell for a huge loss and realize how wrong we were about this investment and possibly the entire industry? Someone might say “I feel your pain, but at least you can move on and maybe recover some of your loss through another investment”?
I am currently between level 4 and 5. I keep saying “one more quarter”. I guess I’m just not quite ready for level 5 yet…
