Tuesday, September 14, 2010 2:12:53 PM
If he were to invest 100k dollars at .08 cents, he'd be buying 1.25 million shares. If he were to invest the same 100k dollars at .05 cents, he'd be buying 2 million shares. If he does believe it will go up to 1 dollar in the long run, then he's made an additional 750k dollars off of his 100k dollar investment.
If he truly believes the stock will go down to .05 cents, then it is very beneficial for him to not buy at .08 cents.
Now can you take his comments more seriously?
(I'd like to add, I don't own this stock, but was just board hoping trying to get a feel for some high potential stocks. I just found this comment useless and wanted to respond). :)
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