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Re: goalpost post# 174244

Wednesday, 06/01/2011 2:07:51 PM

Wednesday, June 01, 2011 2:07:51 PM

Post# of 179215

I bought at 0.60s ... I need to desperately average just a little bit ... any suggestions on what I should do?




One strategy is to mortgage the house, borrow on all credit cards, and buy as much as possible at $0.01.

Suppose you already own 10,000 shares of CDIV at $.60. If you buy another 600,000 shares at .01, your average PPS would be $0.0197.

Then in the very small chance that CDIV bounced back up to $0.02, you could turn around and flip it for a nice 1.5% profit.

A casual stroll through the lunatic asylum shows that faith does not prove anything. Friedrich Nietzsche