Friday, January 27, 2012 11:36:51 AM
1. Transfer the $1,000 from savings to checking.
2. Initiate a transfer from my bank to my E*Trade account.
3. Once the funds have cleared (should not take longer than a few minutes), will put in a Limit Buy for PDOS as follows:
a. $1,000 -$7.99 (trading fee) = $992.01
b. $992.01/0.0014 = 708,578.571…
c. Why did I go with a limit price of $0.0014? That has been the lowest that PDOS has hit, so I am figuring that PDOS cannot go any lower…and if it does hit the “magical bottom” of $0.001, then I will have lost roughly another 28.5% on my investment.
4. I am willing to take that risk, because I believe that PDOS cannot continue its downward trend. I choose to believe that Scott and company will turn this around and that my shares will soon be worth much more.
5. If I am wrong, then I have lost another $1,000 – nothing compared to the tens of thousands I have already lost.
6. I have also put an end – a STOP – on all future investing into PDOS. Even if it continues to drop, I will not buy anymore shares.
7. I will remain PDOS4Life and see where this takes me…
Scott, if you are reading this… make me proud…make us all proud to be Platinum Studios shareholders.
PDOS4Life!
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