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Re: sonofKal post# 2510

Friday, 04/22/2022 10:24:01 AM

Friday, April 22, 2022 10:24:01 AM

Post# of 11659
Hey Kal, thanks for your open communication. I can understand how you feel. Most investors have their limits for waiting on something to happen...forever. So did I.

But I've learned if an investor can really focus on his investment and is willing to give it all the time in the world, he will have an edge over the others. I'm very convinced about it. I experienced it myself.

I was doing something very "off" when it came down to investing in stocks. Most Belgian investors don't buy American penny stocks. They almost don't buy any stock at all.

Later in life reading more books on it I discovered I was doing something similar on what the billionaires did. Have a very narrow portfolio with stocks you really like and follow them intensely.

I bought LWLG 15 years ago. I've had angry discussions with my best friends on it. They and also my wife thought I was 'not very smart' holding/buying into this sketchy pennystock company. I also bought other pennystocks that failed quickly and really hurt me financially and emotionally. 'The others' were right, I wasn't getting nowhere.

It was not that I knew Lightwave would eventually be a multibillion dollar company. For many years the dilution was happening without revenues coming in. I was running after a carrot on a stick. At some point I gave up. I'm thankful for the CEO talking to me and investors like Proto here, kept me on my feet. My timing couldn't be more perfect when I moved all-in at the end of 2020. But I could only do that because I knew the company, the people, the market, the investors and myself.

I was not a gamble but a well thought bet for my favorite stock.

S7 is very similar. It has good people on board, not the best but good enough to execute the plan presented to their shareholders. I work harder then ever to get my answers. For now we wait. Nothing more we can do, imo.

Keep buying and wait, repeat.

Best Steve
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