Auri Inc (AURI)

[IL Padrino]

Patience will be key. I'd say wait until it drops. If you are looking to swing trade, get in at what suits you best (1.20 maybe) and then sell at 1.40 for example.
Personally, I will wait if and when it goes below a dollar again before I buy any more. I think it will drop a few more times before the big push. I think there's time, but I could be wrong.
I really expect to see another split in the not too distant future after their first year of production.
Right now, my purchase price is .90. If I see it go there again, I'll get anoter few thousand shares. I'd like to be over 10K shares before they start selling.
Now, it depends on how many shares you're buying at a time as well. If you're only getting 50 or 100 shares a pop, the difference between 1.2 and 1.3 isn't much, only a few shares. If you plan on getting a few thousand, play the waiting game.
That's what I'd do anyway.
So, to sum up:
Going long with a small purchase, PPS doesn't make much difference except personal gratification on buying a "discounted product".

I really expect to see this stock over 5 someday and possibly way beyond that. If that is true, looking back and buying at 1.2 or 1.4 will not matter in the least.

What do you think? I'm open for correction or suggestions in investing as well. I like new ideas.