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Alias Born | 12/29/2007 |
Friday, October 17, 2008 8:53:32 PM
Think about it this way. If you bought 100,000 shares when it was at .10 for $10,000 and you bought 1,000,000 more shares today for .001 for $1000 you'd now have 1.1M shares or 11x times your original # of shares. That would turn your average CPS from 10 cents to 1 cent. That means if you invested 10% more than your original investment today you'd be able to reduce your average cost per share by 90%!
What does that mean? If this stock goes back up to just a penny...you've broken even for just $1,000 more rather than having to wait until it goes back to .10 to break even.
The time to buy is now if you bought in high and you're still holding.
Someone please correct me if I messed up the Math...it's never been my strong suit...haha.
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