Re: letgo...Doni YES - Richardo Yes
in response to
by
posted on
May 26, 2013 12:14PM
Richardo, Yes my friend you are absolutely correct. I did and still do buy this stock to make money.
But, before I started averaging down, I was in the (1.50) range but having bought a bunch of shares in the (.025 - .15) range over the last couple of years, my average sits at .14
Now, was it blind luck? maybe... (sometimes its better to be lucky than smart).... but I choose to believe it was luck, skill, faith, and the refusal to be denied. Sometimes that's a deadly combination but I was All In and still am. Call me a bullheaded Irishman that's a wee bit misguided but so far the results have worked in my favor this time... thank goodness...LOL (that hasn't always been the case)
I understand that averaging down is extremely risky but I took a chance that the patents would come through re-exam stronger and so far the risk is looking better with every settlement.... in my opinion, of course. Hopefully, with all the settlements starting to add up, we will be sitting pretty for awhile. How much are we making? Will we find out more about the settlement amounts in the 10K coming up in August? Only time will tell...
FYI.... ALL IN and still buying more at these levels.
GLTA and bring on the NUNCHI contracts!!!!