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Re: A deleted message

Thursday, 04/07/2022 7:03:55 PM

Thursday, April 07, 2022 7:03:55 PM

Post# of 1583
Yes the company is going up, but it has very far to go to reach breakeven and the market value of the stock is dropping fast and far. I have no idea what the true value of the company is, nor what it will be worth 1 year later, or 5 years later. I know what value some people assign to the stock but I don't know if their valuations are correct. I am thus not sure if I should buy them back.

But I said I might buy it back (and that I currently have an order to buy them back below the price I sold them for, furthermore the trading is in a ROTH retirement account and thus there are no tax issues with selling them at losses, nor with buying them back). With KOMOF what I have been doing is buying it back below the price I sold my shares for, and increasing the number of my shares with each buy back. Do you think that is worse than holding them?

In posting to this site, it is my primary aim to provide accurate information and good ideas to the readers, for their benefit - and not hype or nonsense or gross exaggerations. I hope I achieve that goal. I also hope to learn by asking questions.