I think I need that translated.
Is it a lousy investment now for the future or when you invested looking back with hindsight?
Investors certainly are at fault for losing their money, if they got in with the herd with more than they could afford to lose at too high of a price and didn't get out when they lost what they could afford to or take profits when they had them they certainly are.
I said it long ago Globetel is a highly speculative stock, with it comes high risk but on the flip side it comes with high reward and investors in this type of company need to recognize both exist. They need to take steps or have a plan to minimize their risk and to maximize their rewards all depending on their tolerance of the former. It appears most that are upset had only a focus on the reward and ignored the fact that there was a high risk, why else would they be so upset. The reward was the focus even as the share price declined. I would bet that those so focused on only the reward took few steps to mitigate that risk. Certainly people who recognize the risk and the reward should be buying now, it's a much more attractive investment now than when it was $3.50 if you look at the risk vs the reward. The upside reward is far greater from $0.065 to $0.13 or even a higher multiple than it was going from $3.50 to $7.00. The risk is just as great ( losing everything) but there is far less room to drop at this point and if you don't have a plan to minimize that risk by getting out, well then it's the investors fault again. If an investor can't tolerate a high level of risk then they shouldn't be buying stock of a company as such, there are far more that are way far safer. So if you can tolerate risk, have a plan for entrance and exit and only risk what you can afford to lose then invest away. If not don't or do and don't complain about losing money. JMVHO
AI
