Yes that's true. But IMO it's the best lottery ticket one can buy. However, normally people want to buy lottery tickets that have a chance to pay out fast. Many people in pennyland prefer to see results quickly. That's where GERS also differs a lot from a lot of other stock. It isn't a stock for daytraders or for people to put money in they need to use within a couple of months. Some might not realize that, or might suddenly be in need for a few $$
By the way, IMO GERS might go down more. As long as it isn't the dilution we used to know. I might be adding if they hit the right level, but I don't expect that to happen since I don't think GERS will move below $.03
Did you by the way calculate how much 3500 shares can be worth if these calculations are right?
Not bad for a $160 investment, right? Better then putting it in a piggy bank.