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downsideup

12/14/12 3:08 PM

#127243 RE: moojer #127219

Anyone who bought 5 years ago and held is UP by 100% or better...

My own initial purchases here, when I called the bottom in posts here in October of 2008, were in the range of $0.007 to $0.008...

There've been relatively few opportunities to add more shares below $0.02 since then... but, along with others, I've been able to take advantage of those opportunities to average up, when the opportunity has arisen...

Many of the same bottom fishers who were buying shares at $0.007 in 2008 are still here and buying shares at $0.025 now...

Others may have different experience... but, as is always true in markets, in buying and selling, each person is responsible for their own decisions in timing, etc.

Holders from back then have had 5 (extended) opportunities in the last five years to sell a few of those shares they bought below a penny, at something between 4 times and more than 20 times greater than their initial investment... ? Some clearly have traded a few, in that time, and then bought more back at the interim lows... while others have had confidence in their due diligence, and have held...

Traders have had predictable enough opportunities as you note... which doesn't mean they're not the ones "bitching or complaining about this stock" while talking their trade... and that includes holders who may be more focused on their trading than their holdings when posting.

Yet, the most obviously consistent opinion you see posted by those who have been here that long... shows they're continuing to hold and continuing to accumulate more shares ?

Even those who are persistently negative... continue buying shares ?

LOL!!!

The lack of volume in the trade... clearly is a function of the choice of holders to continue holding... with many TRADERS also purposefully choosing that option to hold and not trade shares now, as the most obviously appropriate trading strategy, given the fact of others market behavior.

Looks like we're on track to end this week with less than 0.1% of the outstanding shares having been traded this week... ??? So, for the week, 99.9% of holders have opted for holding as the best strategy ?

Whatever it is you see people saying in what they are posting...

The vote and opinion that actually matters in the market... seems it is often somewhat different than what is being said...

The one year weekly chart shows accumulation continuing... with buys outpacing sells by better than a 2 : 1 margin