Scope of Message:
To let you all know who I am and to put my 2 cents in, or rather, 4 cents in on this stock.
I am a single parent of two little girls and I am investing for the purposes of recovering debts and financing their college. The girls are 7 and 8 and the youngest has special needs so I have some time to be a long time investor in this company for those reasons.
Currently, I see the market going through a continuous loop of consolidation and reorganization. Much of which has left me frustrated with most of my portfolio at this point. This stock caught my eye over the course of the last 2 months as the market continued to weaken yet this stock remained strong.
Additionally, reverse stock splits have pushed much of my portfolio out of any meaningful investment reach as I would have to devote the same amount of money per month toward the investment yet not be able to purchase large amounts of stock while doing so. I do not like reverse stock splits as they push the investment opportunity further away from the private investor and more toward the corporate investor. It is good to see that I have no reports of this stock going through or leading to a reverse split. This is another good sign that this stock is aiming its focus toward the private investor.
Lastly, at this time, I have to agree that from looking at the charts and considering the staying power this stock has shown, I could easily be a part of a boon like I was last year, when I purchase SIRI stock at 5 cents per share and sold at 40. Unfortunately, I had to sell as expenses were getting to large, and I had to liquidate in order to pay off some debts. Just to let you know, SIRI is at $1+ per share now and holding.
This stock could easily meet or exceed that in the next 12 to 24 months. Hopefully, the current administration will realize that just because a terrorist attack fails, does not mean that you have prevented one from happening. Hopefully, the current administration will also realize that it is private, not corporate investment which drives the economy. Keep the capital gains at 15 and don't raise it! To a private investor, the increase in the capital gains will simply mean more flipping will occur. Or worse, divestiture in one stock to try and "hit it big" on another stock to outpace the tax and cost of sales. This could and has, caused massive fluctuations in the market in the passed.
I see that we are keeping track of the float. I read this over the course of the previous two weeks. Well, I have 25ooo shares and each of my two daughters has 5ooo shares for their college. So add that to the totals.
AI
