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shipwithoutarudder

01/13/22 12:02 PM

#69637 RE: dgor #69636

I agree with what you've said, a lot of if's n when's, no doubt about it along with a substantial risk. It all boils down to risk and reward, small risk, small gains, huge risk, huge gains! Of course those little statements are assuming that your on the right side of the trade. I figure when officers of the company are paying .05/sh and were talking about several million shares being purchased at that price, I'm pretty comfortable paying anywhere from .022 to .04/sh. that takes care of the price I've paid, now from there it's simple math, if it goes up just a penny and I have 1 million shares than I make 10k, correct? If it goes up .10/share, then I make 100K so that being said, I'm willing to take on that risk, even if I were to lose it all!

The one thing that I would maybe partially disagree is the hope and a dream because I'm not investing the cash that I've invested on hope. I firmly believe that when the financials come out investors will see the true worth of this company and I believe it's worth at least .05/sh or the officers wouldn't be paying that much a share not to mention that those were open market trades if I'm not mistaken, so no hope rather a firm belief!

We'll see, been doing this a long time and I've hit several times on my firm beliefs and I've lost a lot because I believed an officer of the company who out and out lied about their financials. When that happens, I'm sure you know, your part of a class action where you lost 250k and they reward you with your share of the lawsuit that ends up being 400 bucks. I'm like, you can keep the check, give that money to someone who needs it, lol!

If I'm not mistaken I believe your invested in ROAG, am I correct?