My point is this. You infer you have some special source of information (which you share behind the scenes with your cronies and not with the general population of the forum: bad cricket) and you knew there would be no merger and in your words "the direction of the company" (words to that effect).
If this is true than why would you tell a newbie to buy knowing the pps would drop, potentially a great deal in a short time? the difference between .007 and .0055 or .004 (who knows where is will go to) is a great deal.
You say come back in a month and look. Well I would rather look after having bought 2m shares @ .0055 than @ .007. That's a $3000 up front difference and a $10,909 loss of profit if the stock went to .02, $16,363 to .03 and so on. Not to mention I would already be down 15% and waiting to see what a man with questionable abilities is going to come up with next. Sorry, I don't have time to wait and see. I am not that kind of investor. Time is money. Perhaps we can agree on that.
I asked advice about entry, that is all I asked. Why would you tell someone NOW when it was your intention and your plan to increase your position after the big sell off. Unless of course you had no clue as to what was going to happen or you in fact thought the merger what a done deal. Either would not surprise me.
In any case I appreciated the kind thoughtful advice of momentum.
By the way, I am curious. I understand you are an engineer. Do you own a consulting firm or are you employeed in some way? Just curious.
Sorry this is so wordy. I have been pissed for a couple of weeks over your irresponsible advice in a PM no less. It feels good to let it out.
