I have been in since .023 on 1000 dollars. I spent 500 more @ .28 now Im contemplating spending 500 more.
Sent By: Tonopah To: TheHungryHippo Date: Tuesday, March 02, 2010 7:04:23 PM
This is a RISKY play. I personally have a large (by some standards) amount of cash invested in this, but it is a GAMBLE. All things look great to me, and all indicators look as though there will be a positive outcome - BUT - I can afford the loss. Can you?
This looks as though it may be the opportunity of a lifetime - TO ME. Others think this is a stupid mistake.
Personally, I trust the EC and the judge to do the right thing. My enthusiasm is tempered by the MASSIVE corruption that has befallen our world of today.
I have many decades of investment experience. Some of my relatives and acquaintances that have even more experience say I'm a fool for investing in this. They have their wins and they have their losses. Some of them have great wins, and many of them have great wisdom.
I retired a few years ago. I have made more money in the stock market that I ever did working. Sometimes I would be "down" tens of thousands of dollars. I, Let me repeat, I could deal with that, being confident that I made a prudent decision. What would you personally do if WAMUQ went to $.10 withing a week after you bought it? Personally, I would hold and weather the storm, so to speak. I am personally confident that it would not only recover, but recover massively. You need to ask yourself if you can do the same. I say it's a great time to be in WAMUQ, but you need to rate your tolerance for risk/reward.
For the regulars here, I'm NOT attempting to bash this opportunity in and way. I'm just trying to explain (feebly I admit) how investment decisions are made. If I have offended anyone, I do sincerely apologize. The DD and comments on this board are unparalled.
