Posted On: 02/05/2016 4:58:57 PM
Post# of 72446
Thank you for taking the time to speak with a simpleton such as myself.
I'm sure you realize CTIX was at $1.33 to start January. We now sit at $1.20. While we haven't lost as much value as your high-flyers, we've still lost value. And on one particular day in January, we crashed to below 1.00. On that day, at least, we weren't protected.
Which was my point to begin with. What is to prevent another fall to below $1.00 when such a decline has already happened within the last month.
Personally, I would use such a decline as an opportunity to add to my position.
I'm also curious about what you perceive as owning a lot versus not owning very much. Please elaborate.
I'm sure you realize CTIX was at $1.33 to start January. We now sit at $1.20. While we haven't lost as much value as your high-flyers, we've still lost value. And on one particular day in January, we crashed to below 1.00. On that day, at least, we weren't protected.
Which was my point to begin with. What is to prevent another fall to below $1.00 when such a decline has already happened within the last month.
Personally, I would use such a decline as an opportunity to add to my position.
I'm also curious about what you perceive as owning a lot versus not owning very much. Please elaborate.
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