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Message: Updated Silverado Sentiment ( on pinnacledigest.com) Buy/Hold/Sell

Re: Updated Silverado Sentiment Buy/Hold/Sell - Dischino / Cooky

posted on Jul 26, 2009 11:57AM

My BUY comment I guess is how one looks at what they own, how they got there, and specifically, what the share price average is.

If I had 50K shares w/avg of $2.00, and added 50K at 2 cents, my new avg is $1.01, and it only cost me $1K.

Adding 150K shares at 2 cents brings me to .515 for $3K.

One has to have a very strong belief in the future to do this.

With my other "big play" I've gotten my avg down to 1/5 of what it was.

Just my way of thinking...and I'm not saying it always works either.

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