Jal, let me help you understand and profit.
First of all, the business world is not static, but rather dynamic. To succeed a company must be agile and adaptable. In 2010 PDI spin-out was a nascent idea. Then impacting events changed and evolved. Spain, Portugal, Inmet, FQM, IFRS, etc., etc.. All of these things impact planning and require complex decision making and reaction. The best measure of performance is simply to look at growth, stockholder's equity, and the trailing and forward PE Ratio. Share price is not a reflection of current value, but rather the rational of the retail market subject to the vicissitudes of emotion and current events. It is fickle at best.
Second, investing can be governed by many proven and unproven metrics. Personally, I prefer DCA, or PCA as it is known in UK. This is by far the most productive least risky way to invest in a growing company. If you are dealing with significant amounts, it is IMO the only way to invest. This is the method all of our large stockholders have chosen to follow. When combined with timely tax loss sales as appropriate it brings huge rewards, and completely prevents being 'locked-in' and forced to just stand by for years as events unfold. If you have no knowledge of this concept, here is a brief explanation to help you understand. It has been of great benefit over the years and recently allowed me to capture some tax losses and purchase an airplane for one of my children. Perhaps you should consider this method. Buying shares from $0.02 to $3.25 is not a measure of ignorance, but rather of discipline. PTQ is a fine company with a great track record and a greater future.
Definition of 'Dollar-Cost Averaging - DCA'
The technique of buying a fixed dollar amount of a particular investment on a regular schedule, regardless of the share price. More shares are purchased when prices are low, and fewer shares are bought when prices are high.
Also referred to as a "constant dollar plan."
Investopedia explains: 'Dollar-Cost Averaging - DCA'
Eventually, the average cost per share of the security will become smaller and smaller. Dollar-cost averaging lessens the risk of investing a large amount in a single investment at the wrong time.
For example, you decide to purchase $100 worth of XYZ each month for three months. In January, XYZ is worth $33, so you buy three shares. In February, XYZ is worth $25, so you buy four additional shares. Finally, in March, XYZ is worth $20, so you buy five shares. In total, you purchased 12 shares for an average price of approximately $25 each. THIS GAINS ONE 25% MORE SHARES FOR THE SAME INVESTMENT!
In the United Kingdom, it is known as "pound-cost averaging.
