Free
Message: Re: finally Man/Dischino
3
Sep 09, 2009 09:59AM

Sep 09, 2009 10:21AM
3
Sep 09, 2009 10:33AM

I agree, and it's a mentality that is hard to understand...but,

When it was at .0174, and someone bought 1,000,000 then sold it at .021, they made a quick $3,600.

If that person reinvests every penny, they end up with 1,180,000 shares.

Now, I'm leaving out commissions from my math, but you get the point I'm sure. People who do this don't believe it will run up much anytime soon. It's a gamble, just like those of us who buy and hold.

I doubled my position at .0174 and held it. So, who is smarter?

I'm of the opinion to just keep accumulating as it slowly rises to whatever point I have all the shares I want, as in how much I am willing to invest money wise, then sit back and wait for the assumed ride up. Every time I have bought, my average creeps up a tad, but that's part of the game for us buy and hold types.

Make sense?

2
Sep 09, 2009 11:14AM

Sep 09, 2009 12:36PM
2
Sep 09, 2009 01:43PM

Sep 09, 2009 03:00PM
3
Sep 09, 2009 03:32PM

Sep 09, 2009 04:01PM

Sep 09, 2009 10:24PM
Share
New Message
Please login to post a reply