I wouldn't mind having several thousand shares of
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Posted On: 02/09/2017 12:55:40 PM
I wouldn't mind having several thousand shares of a stock worth hundreds of dollars a share rather than millions worth only pennies a share. My point is I would rather have 5 percent of a multi-billion dollar company rather than 50 percent of a one million dollar company.
Longs like me only care about the eventual dollar value of our investment rather than how many shares we own. Many long time investors like me paid a lot more per share than today's share price but averages down by continued investments to around a penny a share. My first investment took place when Baltia was 7 cents per share. I now own millions of shares below a penny a share and don't mind if it gets reduced to several thousand shares as long as the total value isn't reduced.
Have faith and patience and all will be well,
OLD & WISE
Longs like me only care about the eventual dollar value of our investment rather than how many shares we own. Many long time investors like me paid a lot more per share than today's share price but averages down by continued investments to around a penny a share. My first investment took place when Baltia was 7 cents per share. I now own millions of shares below a penny a share and don't mind if it gets reduced to several thousand shares as long as the total value isn't reduced.
Have faith and patience and all will be well,
OLD & WISE
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