Re: This investment is not like winning the lottery, I am adding shares slowly
in response to
by
posted on
Jan 27, 2016 01:06PM
I added 300 shares today, just for fun of it at a price of 1.59, Over the past 2 to 3 years of have slowly methodically been adding to my postion to the point of doubling my position with small purchases and some larger ones, trying to to get a lower dollar cost average on all my shares,
In a very strange way I am glad we did not quickly move form .70cent to $5 or more as I would never been able to add alot more shares over the past year, IMO we will get to $5 and much higher over the next 2 or 3 years , just waiting for the next few big catalyts to get us there,
For the past 8 years of being an investor I have never been so confident in the end result as I do now, anything can happen good or bad, but I like the odds for a postive trials results just based on the post hoc analysis, This nvestment is not like winning the lottery, I could paly the lottery every week and put in $100 a week x 52 weeks for the chance of winning millions but my odds are1 in 20,000,000 that i win the big one, However an investment $5000 to 50,000 or more to make 20 times your $$ or more is about a 50 50 shot, I like those odds to make big money so i will continue to add slowly, will take some off the table( but not much) if we go higher than $5
GLTA