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Re: J0shy post# 193

Saturday, 01/23/2021 4:25:43 AM

Saturday, January 23, 2021 4:25:43 AM

Post# of 226
yeah thats understandable. I feel like the value of the technology that they have trumps the debt that they have, and am willing to buy in the .03s and below, BUT there is risk that when they come into compliance the lenders owed money could tank this, it's happened before and that's the time I have been able to take advantage of opportunities to buy low, and then sell high. My lifetime avg is around 2 cents BUT that is no excuse for me to hold persay ... what matters is what doe we believe will happen from now, NOT whether we have a profit or not at any given time, that's the biggest mistake people make investing. And I do believe there is a future here especially getting in at low prices, but i could be wrong, we have limited visibility into the debt or how they are doing, but they should be doing ok given that oil production has come back, but for their specific customers is the question.

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