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Re: seve333 post# 420507

Friday, 01/19/2024 5:38:24 PM

Friday, January 19, 2024 5:38:24 PM

Post# of 425795
I agree, but I look at it another way, if it goes below $1 again the opportunity for buying lots more is there. I think a BP buyout will be for at least $10 a share ($4.1 billion BO). so every share bought below $1 a share is 1,000 percent profit. For a small company that's huge. Even if you can buy only 6,000 shares over time at around $0.90 a share ($5,400) , that would translate to $54.9 K profit. Currently I only have 1000 shares below $1.00 ( bought them at $0.66 & $0.72 a share) and few more at $0.97. I mention this because like most of us here, have bought the shares at a much higher price over the past 3 years, it only depends I guess what was the price you bought at the highest.
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