AI
Wednesday, April 24, 2013 9:30:07 AM
Historical Consideration of MINE…
Here with MINE (and with some other stocks), dilution is not necessarily a bad thing. It’s all about timing and understanding when to ”weather the storm” or ”eject” if it is going to crash. Here with MINE, I think understanding the timing is more important than wondering if MINE is going to crash. Observe the thoughts below with another stock to further understand why I believe this…
I am in a stock right now that from the past week, give or take, has stabilized to trade above the .04+ per share ranges and closed yesterday at .04+ per share as indicated below:
As you can see from below, after completing their conversions/convertibles, that stock originated at .0006 per share on March 11, 2013 to close at .004 per share for that one day:
This is not the first time that I have witnessed such with a particular stock. Without such dilution, we would not have been able to get in at such discounted prices. Considering where MINE is at now, I believe that it has far more upside than downside. Because of MINE actually having a strong business plan for growth intact, I think that it will be worth weathering the storm here with MINE.
v/r
Sterling
Here with MINE (and with some other stocks), dilution is not necessarily a bad thing. It’s all about timing and understanding when to ”weather the storm” or ”eject” if it is going to crash. Here with MINE, I think understanding the timing is more important than wondering if MINE is going to crash. Observe the thoughts below with another stock to further understand why I believe this…
I am in a stock right now that from the past week, give or take, has stabilized to trade above the .04+ per share ranges and closed yesterday at .04+ per share as indicated below:
As you can see from below, after completing their conversions/convertibles, that stock originated at .0006 per share on March 11, 2013 to close at .004 per share for that one day:
This is not the first time that I have witnessed such with a particular stock. Without such dilution, we would not have been able to get in at such discounted prices. Considering where MINE is at now, I believe that it has far more upside than downside. Because of MINE actually having a strong business plan for growth intact, I think that it will be worth weathering the storm here with MINE.
v/r
Sterling
Sterling's Trading & Investing Strategies:
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