5willgetu10.....
You are entitled to your opinion as I am to mine. But the way I see it is...Im sitting on 69 million shares (actually Jon is)...there are many other investments that I could use this money for as well as living expenses.....if I sell say 500,000 shares a month it would take me approx. 11.5 years to exhaust my position...during that time as zkid fluctuates so will the money I receive each month also.....so at the current pps I am looking at alittle more then 15k a month....and as the pps goes up it is all that much more....zkid will either make it big or fold (my opinion)....if after a couple years the company is worth 2 bucks a share then my outstanding shares are worth a fortune...however if zkid would go belly up then I was able to draw a nice monthly income and do with it as I pleased....with ALL stocks you get no guarantee....anything can happen....even big companies such as Enron,Kmart,etc do unexpected things...so why not create a "win-win" situation...that is...if zkid makes it and skyrockets I am sitting on a fortune...if it goes belly up then I was able to pull out some nice cash along the way.....I really dont see anything wrong with what Jon is doing....
As far as my situation is.....I have a very healthy position in zkid but nothing even remotely close to Jon's....I will sit on my position and hold out for however long it takes.....in the past I have made a ton of money in the penny arena....how it has worked for me is building a position and then holding onto it...many of the stocks that I have purchased in the penny arena have gone belly up or worth in the sub, sub 1 penny range...however I have have had a few skyrocket for me...just those few that have skyrocketed have brought back major booty...so overall I am up considerably....zkid has been a fairly long hold for me....and I will hold out for as long as it takes....the majority of my shares costed me anywhere from 13.5 to 23.5 cents a share....so currently I am upside down pretty big....I keep nibbling on more shares to cost-average down (most people wont do that, but Im not most people)...I will continue to do so....when zkid takes off it will put me in the money faster....and my multiplier factor will be enhanced for even more profits....if it goes belly up....well thats life in the penny arena...I will take my chances...I am confident zkid will once again take off and hopefully its next big uptrend will be very explosive.....until then..its time to let the wine mature and leave the bottle on the rack....
AI
