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Re: JohnnyJay post# 21064

Monday, 12/21/2009 12:45:05 AM

Monday, December 21, 2009 12:45:05 AM

Post# of 25731
Well,Johnny; I used a fictitional number of shares and don't know when or how many shares you purchased to average down. I also don't have the price you paid when you averaged down. For demonstration sake, let's say you purchased 100000 shares at 0.15 as stated. Your cost would be $15,000. On a 2000/1 R/S you would have 50 shares. Your cost on these shares would be $300 per share.

If you averaged down by buying 10 Million shares At .0005, your investment would be $20,000. You would own 10,000,050 shares. Your cost per share is now .0019.

I guess that it is possible if you bought enough.

I thought I was the only one that did stuff like that. I have 52,050,000 that I have averaged down to .00039. If you have managed to average down that far, you won't be sorry when this one lets go.

If you averaged down again with another 10M, just think what that would be worth at .01.

Heck, let your mind wander. If it hit.15 again............

20,000,050 X .15= $3,000,007.50 WOW! What a Christmas present that would make. If that happened, my wife would be smiling and I would have a massive coronary. At best I wouldn't be able to talk.

Hope you do very well. Good luck and Merry Christmas.