Saturday, August 03, 2013 1:52:09 PM
I agree. picking bottom is hard, but when you average down the risk is highly minimized. This play has a good A/S, O/S is not maxed out so there is no risk of R/S in short term. Besides, they have revenue. If for example, buy double the shares you already got at 0.0002, and 4 times the shares at 0.001, you can get out on any run, even a small one, with a profit. If it dips even lower than 0.001, i have enough dry powder to keep averaging down at 0.0007 and 0.0003 let's say. The big risk and only is if it goes to no bid, but let's be honest here, do you see this play with the A/S, not maxed out O/S and revenue going to no bid???
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