Nice thoughts, Bopper. A few random thoughts of my own:
1. If someone is worried that they missed .018 and are concerned that .022 is too high, and is waiting for .015, they are a trader, nothing more. An investor likes to average down, but considering the huge potential upside with this story, tenths of a penny shouldn't matter.
2. Let's say this gets to $1.00, and you own 1,000,000 shares. If your average price is .01, you make $990,000 (excl. commissions). If you paid .02, you profit $980,000. At .03, $970,000, etc. Don't sweat the fractions unless you are a scalper.
3. A company is different than a stock. There are great companies with terrible stocks, and vice versa. The story of this company is awesome, but I am not impressed with the stock (too many shares out).
4. I own 1/2 mil shares, but that is a tiny fraction of the ownership in this company. The story is great, potential is through the roof, and mgt seems to be executing, but at the end of the day, there are still a billion shares spread around.
5. PALM just got bought out for 1.2 bil at a price of $5 and change. They had fewer than 200 mil shares out, one fifth of GOIG. I would feel much more comfortable with GOIG if they did a reverse split, take the price to $.30 for 1/10 the shares, and reduce supply for the eventual demand.
I'm not bashing in any way, just posting some food for thought. I have thick skin, so if anybody wants to make counter arguments, I'm open to it. I'm not a cheerleader, but do believe this could be the next standard for doing business, as long as the company continues down the same path. I would just like to see the financing be a little more investor-friendly.
RSInvestor
AI
