"I see the potential, but this soft opening BS delay without informing investors was not cool "
Agreed. I am NOT happy with Roger over this. He screwed up. As bulls, we still need to stay in reality. This was a screw up. As was saying the audit was 99% done. Two mistakes of a young CEO and he needs to know it so he doesn't repeat it.
HOWEVER
These mistakes are for this WEEK. For the coming YEAR, the things Roger is doing are amazing. He is like Ray Croc right after the purchase of MCD from the two brothers who only wanted one or two hamburger stands. Young, aggressive, making some mistakes, but with a PLAN. ANd that plan will have us seeing more S&L in 3 years than there are Save and Busters right now nationally. That growth WILL mean LOTS more revenue (Not $40MM, but adding an extra digit) That growth shall generate not 13 cent a share price, but 13 cent a share EARNINGS. NO, not this year, but in 3 - 5 years. Yes, I've said it. That much PER SHARE in earnings. or MORE. What do you think the price shall be when that happens? NOt 13 cents per share, and not fighting to push 20 cents per share either. WAYYYYYYY Higher.
If you have what you say, and I have no reason to doubt you, then hold on. The ride WILL be bumpy, but it is going to be AMAZING. I wrote last month about how I bought EBay on the IPO. Held it through the ups and down for over five years. Although I could have sold at times when it dipped, (or bought more. Silly me) I held. I bought it at 418, and sold it over five years later at $930. It wasn't that high, but with splits and such that was the equivalent. I also said, AND I FIRMLY BELIEVE THIS, that this is the SAME type of stock. YOU can look at my posts here on Ihub going back ten years. I've been here a long time. Go to "millionaire's lounge" back in the days BEFORE Ihub existed and look at my posts. I have NEVER EVER said that a stock is as good as EBay before.
Not until THIS stock.
I don't like these guys who write "We are going to the moooooon. This is the best stock EVER" and then three days later they are gone and out of the stock and on to the next one saying the same thing. They are pumpers. I know at times I sound like one on this company, but it is way different. A s I said, I like other stocks, but this is the FIRST time since EBAY I hvae said a stock is a LONG term FIVE year hold and will give investors an AMAZING run. Buy it, put it away, and if it bothers you don't even LOOK at it. Just once a quarter or so. But OWN it. Own it for five years, and you will see a move that is NOT defined by pennies, but literally by dollars. Yeah, I know. Another pumper type statement. But I even stickied that I would lay even money to anyone that the stock WILL see $5 per share within 4 years. That is how SURE I am it will happen. Because I know the plan. I know the future on this one. And I want others to know this one IS different. It is ray Croc, making early mistakes, but about to explode on the world. And that doesn't even include gro3 or IK.
One last thing. I know you are worried because you are down $50K. I am down much more than that. It is true. Sounds bad, as why trust me if I am DOWN. But I started buying at 7 cents a share, and then have been adding HEAVY at about 18 cents a share, so my average is now about 15 cents per share. I'm down. And I was down much more than $50K just YESTERDAY. Yes, I own a LOT of shares. But I'm not panicking. I'm not selling. because this is NOT OWCP 2.0. This is EBAy 2.0. This is MUCH better than OWCP shall EVER be. So I bought MORE yesterday, and am DEBATING (haven't decided yet) whether to buy more again tomorrow> Is it WORTH buying tomorrow. Without a doubt. I'm just trying to figure out what to sell to buy, and if I want to sell that one too.
Sorry to be so long. Good luck to you on your investments. But don't worry about THIS one, as it is a HUGE winner in the early stages, and WILL, not maybe but WILL, make a LOT of profit for those who hold positions like you do. :-)
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