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Re: Trek95 post# 52548

Wednesday, 05/19/2021 9:18:54 AM

Wednesday, May 19, 2021 9:18:54 AM

Post# of 63455
Let me make this clear the price of the stock is that low because that is what it is worth and even at that price investors are probably not buying because they feel it will go lower or execute a reverse split, and you know that most of the time when a company executes a reverse split the price of the stock usually drops once the split takes affect.

Samuel Clemens once said, if you put all your eggs in one basket you better watch that basket. The best thing to do is to hold on to what you have because if this company goes nowhere you will have dead money and the only way to cash out is by taking a loss.

It is one thing to average down so that if the stock goes up a little you can recover your losses, but to continue buying just because one is dreaming big is not the way to invest.

I truly hope those who are losing money recover their losses and for the price of the stock to rise to make shareholdes money, but I do not see this happening for a long while.

Above is just an opinion and with a sincere advice, but it is your decision not mind.

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