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dragoon76

12/06/12 8:28 AM

#15320 RE: Opti Mist #15318

Stop lying!!! That is EXACTLY what you would like to happen.
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BluSkies

12/06/12 8:31 AM

#15322 RE: Opti Mist #15318

I am hoping this auction is like the Picasso of businesses.
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RDBhan

12/06/12 8:34 AM

#15323 RE: Opti Mist #15318

Fair point. But I think at this point the risk reward ratio heavily favors sticking it out.

A fair few of us (myself included) have an average between .08-.09 so at this point, we're down 50%ish. Assuming the auction is unfavorable, and the stock drops to .02-.03, it's a relative drop of 50% again but only an absolute drop of 25%.

So you are really, at this point, only risking around 25% vs. taking a realized loss of 50%. If you believe there is a 25% of the auction going well enough to at leastmaintain the current pps, then it's break even. If you believe it's more than 25% of having a favorable outcome, the odds or on the side of sticking it out.

At least that's my rationalization of the current situation. Alternatively, "geez I waited this long ..."

GLTA
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Mr Rollup

12/06/12 9:05 AM

#15328 RE: Opti Mist #15318

Were you just comparing buying something useless only to you? This is a case of profitability on the technology - future.