While we are getting nostalgic, I pulled up an old post from this board. I had a ton of shares, the share price that day was about .90 or less, no funds to avg down, and I was throwing up in my mouth a little.
Glad I never sold.
I estimated 6-12 months for the bump. We did it in three.
jockinmikeg Monday, 11/11/13 02:22:21 PM
Re: crookedneck post# 3026
Post # of 6012
Well put, crookedneck. Everyone can postulate, but no one can say with certainty why the selling is occurring. This is a LT play for me, and I am underwater with a yacht full of shares and no money to avg down. but at no time today did I even consider selling because I know what I own.
Best advice for people in my situation: stay the course and this will likely not matter 6-12 months down the road.
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