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Re: ACanJadaS post# 3729

Monday, 12/16/2013 3:41:50 PM

Monday, December 16, 2013 3:41:50 PM

Post# of 6599
I know how you feel.

I have had stocks stay low for years, I sell, and once I even had one double 15 minutes later after the years of being pounded.

The bigger the buy in I make, the more percentage it falls by the end of the day or week.

But it is often like blaming yourself for watching when your team looses.

For the longer term, I would not worry about any purchases under a $1/share. If your looking to trade up and around in shorter order, then you may need to hold a little longer than you might like. But long run, you should be OK here. This company should have a market value of 223.5 million today. With about 150M outstanding, that is about $1.49/share. Thus, IMHO, I think this stock is sitting at about an 85% discount to what I think it is worth as in terms of a market value compared to others in the industry and/or in similar exhange markets for similiar promise.

I wont even sell shares for trading until we are way back over a dollar.

Best of luck to all.

Wishing all the best of good buys......

HS
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