Bobby,
IMO, you have the right perspective on investment valuation with your statement:
....however unlike many, I don't view them as "free shares." They are worth real money...and I view it as discretionary investment funds.
You are right - the current value is what should be looked at, not the original investment. I would hate losing a current value of $13,000 (or $130,000 or $1,300,000) much more than my original investment of $7,000. Losing $1,300,000 would really hurt!
Also IMO, I think this is a real company now which will make real profits and will be worth much more from now on. I attribute the current stock price mostly to it still being a speculative stock and MOMO play and to the lack of news and the day traders and flippers. When the company reports much bigger subscription numbers and profits (soon we all hope) the stock price will begin climbing.
My personal opinion is that the stock price of .0115 won't be seen again unless the company reports bad news. It appears at this point that anytime the stock price goes down to .0125 or lower there are a lot of buyers trying to scoop them up, myself included.
When good news finally is announced I see the stock price spiking up again (hard to predict how high), and then settling back down some, but doubt it would go below or stay below .0115 very long. At this point I see this as a long term investment unless the company stumbles badly, which I am hoping they do not. It is prudent to take some profits along the way.
Bottom line is I think it is very worthwhile having some investment in this, the amount being whatever you are comfortable with. As others have noted here several times from their years of penny stock experience - Of all the penny stocks available now, this one is much better than most at having a chance of succeeding.
Best of luck,
Ron
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