Good post Donnie B. Everything you are saying is right on the money.
I posted this before, but I am posting it again to show how quickly someone could lose out on the great opportunity that we have right now.
For anyone still sitting on the fence, I have prepared a little scenario for everyone to digest. Let's say you were able to sell 1 million shares at the highest peak of $.129. I will leave out the trading fees from all of these examples.
If you were able to sell 1 million shares at .129, you would have $129,000.
So, here is what it will cost to buy them back at various PPS on the way up when this flies, assuming you can buy back 1 million shares,
If you were able to buy 1 million shares at .0545, you would pay $54,500, leaving a net gain of $74,500
If you were able to buy 1 million shares at .08, you would pay $80,000, leaving a net gain of $49,000
If you were able to buy 1 million shares at .11, you would pay $110,000, leaving a net gain of $19,000
If you were able to buy 1 million shares at .16, you would pay $160,000, leaving a net loss of $31,000
If you were able to buy 1 million shares at .21, you would pay $210,000, leaving a net loss of $81,000
If you were able to buy 1 million shares at .26, you would pay $260,000, leaving a net loss of $131,000
Conversely, if you were restricted to only using the $129,000 that you sold the 1 million shares for, these are the number of shares you could buy with the $129,000, as the PPS goes up
If you were able to buy shares at $.0545, you could buy 2,366,972 shares
If you were able to buy shares at $.08, you could buy 1,612,500 shares
If you were able to buy shares at $.11, you could buy 1,172,727 shares
If you were able to buy shares at $.16, you could only buy 806,250 shares
If you were able to buy shares at $.21, you could only buy 614,286 shares
If you were able to buy shares at $.26, you could only buy 496,154 shares
Which would you rather be a chaser or have your shares already in your tight little fists? GLTA
DOLV, patient, long and strong and soon to be golden.