InvestorsHub Logo

Value_Investor

06/02/16 2:24 PM

#96961 RE: rickjc #96960

I see. So you originally owned 120,000 shares before the 1:150 R/S. It depends on what is your cost base? As I known $0.3 ~ $0.03 are very typical cost range for those unlucky old shareholders! If I were you then I would use the Same amount of cash to buy much much cheaper new shares at 0.0015 ~ 0.0030 to bring the cost down significantly...

Value_Investor

06/03/16 9:46 AM

#96965 RE: rickjc #96960

As I knwon Average-Down is the Unique way to make even for those unlucky old shareholders who bought TYTN shares before the R/S in 2013 unless someones don't care their original investment principals at all because TYTN has already declined to the price levels which are mere 5% ~ 0.5% of purchasing price of the majority old shareholders!


Value_Investor

06/11/16 7:42 PM

#96980 RE: rickjc #96960

Here is a simple math calculation: assuming someone bought 120,000 shares at $0.01 (pre-R/S) which cost $1,200 cash. Now those 800 New shares only worth measly $1.36 at $0.0017. This investor has two choice now: either accepting almost 100% loss for the $1,200 principal or putting down another $1,200 ro rescue the previous $1,200. If this buyers does nothing then most likely that $1,200 investment capital will lead to 100% loss which is the majority of the pre-R/S shareholders are doing now! Otherwise one should put down the Same $1,200 New money to buy 750,000 shares at the current Huge Discount bid price $0.0016, or buy 600,000 shares at 0.002, or buy 480,000 shares at 0.0025, buy 400,000 shares at 0.003, or buy 342,857 shares at 0.0035, or buy 300,000 shares at 0.004, or 266,667 shares at the current ask price $0.0045. In this way one's cost base will be significantly reduced from $1.5 per share to $0.00319659, or $0.00399467, or $0.00499168, or $0.00598802, or $0.0069837, or $0.00797872, or $0.00897307 per share! All those New cost base are Lower than the current 52-week high $0.00913!

The conlusion is very simple: one can choose to either lose the Entire $1,200 investment principal or get that money back by putting down another $1,200 cash!