Replies to post #43438 on Worlds Inc (WDDD)

[MusicIan]

Personally, I think tax loss selling will be the order of the day until the end of the year or until the CAFC decision, whichever comes first. Having said that, my thought is to buy in the .03-.06 area as sellers take their losses and move on. Now this is a very straightforward risk/reward proposition...either you lose the .03-.06 cents invested(less some kind of salvation $), just like an expiring option, or you triple, quadruple or more your investment on a CAFC reversal.

Any thoughts on where this goes with a CAFC reversal? Back to .20? Or .40? In the event of a reversal, the game won't be over, but my trade will be. Though I will keep some for giggles just to remain in the game.

[Captart7]

Hey, no problem. That's a reasonable way to play it as long as you know you can live with a total loss? I'm loaded up & not selling a share but I would not recommend anyone buy. The risk for most is too great. I wish us both, no all, the best of luck.