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Friday, August 05, 2011 6:57:22 PM
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I'm holding just under 100K and I plan to buy more and go long. Even if this stock goes down to .0001 I'll just buy more when I can---I realize the potential of the industry and the business they are in. Maybe that's because I am more in-tune with entertainment than other industries and I enjoy owning a stake in (albeit a small one) a company I believe in that is doing things I would like to be a part of. If you've got the stomach to endure some possible fluctuation, it's not technically a loss until you sell at a loss
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The fundamentals of this company are strong! The CEO isn't ultimately in business to make short-term money off its stock, he's in it to tell amazing stories and deliver amazing product related to said stories. If you're really looking for answers, take everything you see here with a grain of salt, and try to decipher all the legalese in their SEC filings for a little more clarity, or even give investor relations a call. But I'd be patient with them as they are probably fielding all kinds of bullsh*t from people who don't quite get it. This company is just now starting to really monetize what they've been building for years and yes, I'm taking a chance, and I'm not just in it for the money, but I believe yes, in the end, there will be substantial financial gains in buying the stock at this price and holding for years. I suppose flipping it with the ups and downs would bring more sheer profit but also tax consequences and I feel more like just going long than anything.
I definitely see the share price being volatile, maybe not, maybe some more dilution coming, maybe not, but it could, and it won't bother me one bit. Dilution could be looked at as a bridge to future gains. If this was some other penny stock I didn't understand as well, I might be frightened of dilution and look at a dwindling share price as a scary black hole with no return in sight... but this one I'm planning to be holding for years and years and years..!! Even if I need the cash I'm going to try to avoid selling large portions of my holdings, just because I believe long-term the value to be so strong. There may be ups and downs and bumps along the way but overall I see long-term growth and I plan to be patient and faithful. I'm totally PDOS4Life too!!!!
Platinum Studios is a unique operation with an incredible amount of potential in its intellectual properties with a gifted, creative leadership team behind it.
If I were to give you any advice I would say just try to enjoy the time you spend learning about your investment and sending positive energy towards it, always ready to endure and face the tough times and be proud of watching our little flower grow.
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