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Re: ORCA post# 128775

Monday, 03/18/2024 2:21:52 PM

Monday, March 18, 2024 2:21:52 PM

Post# of 130206
I don't understand the derision. If someone thinks that a big move is coming but not imminent, a large purchase can make a lot of sense. When a move happens it could move the price very quickly overnight. Let's say the price goes from $.015, to $.075 overnight, on its way to $.40 and you have $100k to invest. Buying now and waiting for several months as opposed to buying when it jumps to $.075 would mean the difference of making $433,333, or $2,566,667. It makes sense to someone who doesn't feel the need to close out their position on a daily or weekly basis. Obviously if you never think this could happen, you don't buy, but there is a probability that this could happen and that is why there are buyers. I know I am simply pointing out basic arithmetic and investing 101 but, I think, some of those concepts get lost in the emotion that VPLM seems to generate. GLTA
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