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Re: peewoo post# 48594

Monday, 12/04/2017 11:22:59 AM

Monday, December 04, 2017 11:22:59 AM

Post# of 51701
First time I did buy BTZO @ 0.0001 I was inpatient, and I realized it seemed like it could be a matter of time for me until I couldn't get out anymore. So I sold also at 0.0001. I felt like it could have gone a bit higher, but I wasn't in for one tick only. The next day it went to 0.0002 and it even did touch 0,0003. So I could have sold at 0.0002.

The second time I did buy, was a day before GERS did file the status update telling there was a settlement.
I knew there was a chance this would happen. But I hoped for some more information, causing a hype on GERS which I also own.
But I also realized that there was a chance the settlement wouldn't happen, or so little info was released, it didn't lead to anything. If that was the case, I knew it would be hard for me to get out at that time, and also that I should be patient.
But I accepted that, and I wasn't worried.

Now GERS did tell the court they have reached a settlement on some points and that it has to be finalized. Also that some demands aren't met in the settlement, so there is a chance they need to go to court. Also I got no idea how much we will get to know on the settlement, and what the effect will be.

But I signed up for that, so I'm patient and not worried at all.

Maybe we should hope that the most important part, a large amount of money, isn't agreed on in the settlement. Maybe it's best if they only agreed on new contracts for future use.
Because if that's the case, they'll admit to the court that they know they are infringing. And I think that money awarded in a lawsuit will not be confidential.

So IMO no reason to worry on all those 0.0001s stacking. When the time is right, the whole game changes.
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