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Saturday, June 11, 2011 8:35:23 AM
my calculation was simple...net losses
pg F-4
net loss for the year ending 2010
(9,860,169 ) divided by 12...(758,474)/mo
net loss for the lear ending 2009
(9,378,732 ) divided by 12...(781,561)/mo
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agreed...should get better..net loss for 2010 was based on gross profit of only 400K
to truly make any assessment going forward, we need to know what the gross profit is per unit..and anticipated sales
And I'm not smart enough or dumb enough to make sales projections..
what I'm getting at is let's not make any projections of sales...adjust your risk tolerance qtr by qtr as sales are filed
buy, sell, or hold shares based on our own evaluations...some base it on SS and revenue, others on the potential factor , yet others on the fact that OPMG has leveraged their future with super star BIEBER, or a combination of all.
Find your own comfort zone and risk tolerance but above all...take some profits when able
The feeling of "wish I wouldn't have taken profits, I could have made more"
is much better than
"I should have taken some profits when I had the chance"
Taking profits lowers your cost average..allows you to ride the tide of volatility...if you can discipline yourself to take profits or cut losses, you have made the ultimate step in being a successful investor.
GLTA,
Jimstr
Theoretical physics can prove an elephant can hang from a cliff with its tail tied to a daisy, but use your eyes -- your common sense ----
please DD before you buy or sell
Jimstr
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