Wednesday, November 15, 2017 1:56:31 PM
I sold twice this year for profits and later bought back at lower prices. This last one just under .40. Most of us here plan to hold long term. I suspect most of the selling lately is driven by tax reasons as well as this one by nature will not make money until they begin to unload the bank for in ground. And that I do not expect to happen anytime soon. So dumping for a write off likely to be a good deal in most cases. Only time will tell but from my view I think the risk is in their favor. Hopefully buying NOW will be very close to the bottom. What do I know I thought .45 was a bottom. Hard to imagine that this will fall much more. Again the main thing against it is by the very nature of this being a long term plan. It is hard for most people to hold penny stocks for long time. After all we invest in pennys because we want to make it big SOON not 10 years from now with a slow and steady approach.
It is easy to figure out what you believe. The difficulty lies in determining - is what you believe the truth.
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