Hi Aston,
So, you really have $8000 in paper gains right now? I'm really happy for you if you do. That's is a big recoup from SPKL. I wish you took the plunge with me and bought a million shares at a fraction of a penny back in that small window of time when it was possible.
Send me a friend request on the "serious investor" link, and you have access. You are grandfathered in. I would just send you a 4 digit code for you to repeat in this forum to make sure no Bear gets in. They are sneaky sons of beehives.
I believe the hype. I just don't believe the valuation. 100 sales is a big premium. Discounted cash flows are a true measure of valuation, but this one is really expensive. That doesn't mean it won't go to $30. I sure wish I had a crystal ball for you. I wish we had an underlying options market to hedge our positions.
In your shoes, I'd take the profit. And if you believe the hype, just do some dollar-cost averaging over the years. No matter what happens, that should give you a good fair cost basis. Even if it trades in a bubble forever, which it may very well do. Who knows? Of course, I do kick myself for every share I sold under $5.00. But the decisions were safety decisions that I would repeat if I could go back in time and do it over again. But only IFFFFF I couldn't keep my memories. Now, if I could go back and time and keep my memories, I'll be the new Buffett in town. And that just might be his secret. He just might be from the future. LOL
AI
