FinalFrontier...I like your thinking. Yesterday I took the opportunity to increase my position by another 84K +. (a nice sidenote...had it in for higher than the fill price I got of .19 :-)...
Anyway, it is always hard to comfort a falling SP; but the upside potential is monsterous here. Sure falling down towards .01 will cut me to a 50% market value (not that that will happen - just worst case on the short term); but when I watch the share volumes that bring this SP down, they are very tiny lots (mostly). This to me indicates MM games pulling it down.
Once the Network deal comes through (and it will come through here); this company will be on it's way...
...the SP...to the moon Alice.
Don't sell for low volume price drops; hold for super-charged profits over the 2-10 month range.
So very many times (in pennyland especially) I have "got spooked" by a seemingly ever falling or stalled SP only to sell, and then watch in HORROR over the next few days or weeks as the SP not only recovers to my cost bases (even/out); but shooting through the roof into double and triple profits.
I owned SIRI last February @ .13 It instantly drops to .10 I "spooked" and sold. 3 days later it was @ .06 and I thought damn am I glad. At this point I came so very close to re-entering but did not. Two months later it was up 800%. Last week it was up 2000% for .06 briefly.
...food for thought longs...food for thought
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