InvestorsHub Logo
Followers 5
Posts 1171
Boards Moderated 0
Alias Born 03/16/2009

Re: A deleted message

Wednesday, 10/28/2009 12:59:21 PM

Wednesday, October 28, 2009 12:59:21 PM

Post# of 165854
Shares on the cheap?

With the bidwacking and constant PPS drop, shares on the cheap are called MARKET ....

For something that's supposed to have such strength and value, it's amazing how unresilient SRSR has been.

I've been told by enough of a majority of posters here that true patience is needed, and that the plays that will make SRSR pay off are not weeks or months, but realistically, years.

I don't know how much more loss of capital my patience can take though. And the ask drop and bidwacking ..... not very assuring!

We're already below .6 now, so cutting myself loose at this point is just realizing and finalizing the loss. For now I will consider adding more, perhaps on the way up. But now that the "floor" has dropped out from below me more than once... I don't know that calling a bottom or trying to pick one [like .6 last week] has any practicality here. Sure .06 is low compared to my average ... but given how I feel about what could happen to .06 ... there's just nothing PUSHING me to buy in now.

Oh, and by the way, we just got bidwacked again to .056.

My reasoning exactly.