Re: SmartHead/ 1 cent ????????
posted on
Dec 30, 2009 11:30AM
My original purchases were at over 10 cents, but over a period of 5-6 years,and with the recent prices in the last 2 years have managed to average my costs down. I have bought amounts at .06 cents .02 cents and at .008 cents and .0061 cents. Would like to buy more but right now I'm tapped out ! But, if it drops to .0035(?), I might consider purchasing more at that cheap price of 100,000 shares for $350. I am a long time holder of Silverado shares (1999), so you longs out there know I paid alot more than .10 cents in the beginnning, albeit alot LESS shares though, so it was easier to average the price down with lower prices and larger amounts of shares bought. Needless to say I imagine the "average" Silverado shareholder has quite a large holding of shares somewhere upwards of 1/2 to 1 million shares. but that is everyones own personal business, as all have different investment startegies. I can honestly say that I am not the "average" shareholder as I got in at a tme when prices were higher Those of you that have got in during the last year or so,IMHO, are fortunate.