I purposely stopped a new investor in my circle from buying today. He can buy up to $10k worth of stocks total. I am glad i stopped him today since we saw .0055. I really dont know when to set him loose to start buying because this thing just seems to be spiralling downwards none stop like a money blackhole or a money whirlpool. Where is the bottom? Should we wait for this to go to trips again before buying? I have absolutely no guidance here. And i am not 100% confident that this guy isnt just gonna lose his 10 thousand dollars here if i get him to buy in.
My heart tells me that this is really basement cheap prices. But my mind keeps telling me this bleeding is not ending.
So until i find out what the hell is going on here we will not buy another share. Quite frankly i dont think anyone here really knows. I keep trying to do an autopsy on this to see what.is broken here but i have no clue what caused this. Is it possible that this company or samblis made some enemies along the way? I dont know. All i know is that i have stopped two investors from dumping the whole lot today and be done with it. I literally told them to have faith. Have faith was all i could say. My investors are not very happy at all and dont exactly have very nice things to say about this company and samblis right now. I wonder how bad the anger will be by many people if this drops another 50% from here. The investors in my circle are no longer listening to my positive encouragement to them. What will happen if we lose even more longs permanently?