I bought another 1,000. All I can buy at this time. Keeping the cash handy for any further downward price fluctuations. This overall market doesn't seem to be affecting us much yet. Kind of tells me that the overall market means squat to this type of more junior stock. We'll go up when we're ready as we have gone down. Great time to buy, may not be another time as good. Must be nice for the older shareholders (meaning holding over the penny stock era) to be able to get back in and make another million or 2.
I wish everyone the best of luck. The market will turn and once it starts a solid recovery the small caps will start to move with it. That will no doubt bring us back up, but really, NOT makes its own news. That will be the catalyst for any rise in price over the short term. Jumping to the TSX, a great find, a reputable offer, a joint venture on a large scale with a major, and of course shorts getting their *utts burnt bad. All of this will help relieve us of our walking sticks. We will survive and we will be happy for anything we could glean out of this market meltdown.
Just think. When could you last buy 500 shares for 750. That was the price of 100 shares at one point (actually 2 points in time). I just want to keep buying now. If the price flounders for longer, I will buy more. The end will come to this price drooling. Remember it is the long term the long investor is looking at. Give me a glimpse of 2009, 2010 and 2011. That's what I'm talking about.
Good luck all,
MM