Replies to post #22402 on Smoky Market Foods, Inc. (fka SMKY)

[GUNDERSTONE]

That is where you're wrong. My first purchase was 15,000 shares at .35 (about $5,000 investment at the time; probably a hair higher).

Because I believed in the company and the message I kept buying in via $5,000 increments and my dollar cost average is now less than two cents.

So it is not a fat chance to recoup from a high buy price when you dollar cost average down (which I did) and the stock craters (which SMKY did on the back of the Asher liquidations) and when the price recovers (as it is and will still).

If I wanted to and if I sold slowly enough when the stock was .035 earlier in the year I could have pulled all my principal out and been in the black. I did take some cash off the table but I averaged back in when the price sank below .02 again so I have the same shares with less principal in.

Why?

Because I see a grand slam