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BBboy

03/25/19 1:57 PM

#169683 RE: Watts Watt #169680

“Divide 22 by 0.16 to see the magnitude to the downside by the buy and hold strategy. LOL! “

I doubt there are more than a handful of investors at most who have purchased at 22 and held long.

In fact over the last 11 years there have been ample opportunities to buy in at 0.06-0.10 and hold long. Many investors like myself have done so.

So your argument is not really relevant to the majority of long investors and their current situation.