Posted On: 11/14/2016 11:01:24 AM
Post# of 22940
You're thinking short term. If you buy at .0007, then the stock drops to .0002, sure, you're at a fairly big loss. However, when over half of the OS is reclaimed, the idea is that the PPS will have no trouble climbing well beyond your initial purchasing price. The smaller OS will help sustain that higher price.
It's a process. A long process, perhaps, but still a process. Despite buying at .0011-12, I'm still optimistic about my position. I simply don't care about the day to day too much anymore.
If prices stay in the gutter for a little while longer, I'll be able to make a pretty big TPAC purchase in December. So the PPS doesn't mean diddly-squat for me right this second.
It's a process. A long process, perhaps, but still a process. Despite buying at .0011-12, I'm still optimistic about my position. I simply don't care about the day to day too much anymore.
If prices stay in the gutter for a little while longer, I'll be able to make a pretty big TPAC purchase in December. So the PPS doesn't mean diddly-squat for me right this second.
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