Sunday, May 12, 2019 12:05:08 AM
I am new to this, and only threw in less than a year ago.
I look at all this as good on the horizon.
I bought in here and there, about 14.5k shares representing an 11k investment, buying when I can... and the pps sank. Currently, pps would have to break .755 to see any green.
But, with the price dropped like it has,and now the rights offering on the horizon (I must be missing something)...
With current pps hovering .50, and a round about 20% with the rights offering, I'm thinking <6k to take full advantage per share. Doubling down with the rights offering, bringing shares to the <29k range,brings my 17k investment to a .58 pps range to see green.
Dont get me wrong, throwing another 6 after an 11 dump, but a +pps from .755 to .58, smart plan IMO.
Now, PLEASE, what am I missing?
My appreciative thanks beforehand.
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