"I do not believe there is anyone sitting at home
Post# of 41414
(Total Views: 341)
Posted On: 04/26/2017 2:09:12 PM
Re: 10yearslong #33227
"I do not believe there is anyone sitting at home today saying man I hope the pps remains low I want to accumulate! Who here on this board does not wish this thing was at .01 or .02 today?? I hear it said but i don't believe it!!
In that statement you are completely wrong. I know a whole group of us who are pooling whatever dollars we can and are hoping the pps stays low for as long as possible. I myself have about $25k coming in per week, and a $500k payout due within the next week or so.....and a lot more buying to do when the opportunity presents itself.
Watch this: If I have $25k to spend per week, then I could buy about 4.9 million shares at .0052, or 5.1 million shares at .0049. Why would I "slap the ASK" and artificially drive the pps up and loose out on 300 thousand shares for the same price.
Ask yourself this as well. If today, the pps went to .01......about 2 weeks before the SHM.....are you going to sell?
Personally, I think not.
So the pps at .01 today is only going to make you feel better and make you sleep better at night, but it is only on paper and isn't putting any more $ in your bank account.
The way I see it.....let the market determine the pps, and for as long as the market is stupid enough to sell at these ridiculously low prices, I am going to spend my $25,000 per week wisely and buy up as much BLTA as possible.....and the lower the pps, the better, and the more bang for my buck.
In that statement you are completely wrong. I know a whole group of us who are pooling whatever dollars we can and are hoping the pps stays low for as long as possible. I myself have about $25k coming in per week, and a $500k payout due within the next week or so.....and a lot more buying to do when the opportunity presents itself.
Watch this: If I have $25k to spend per week, then I could buy about 4.9 million shares at .0052, or 5.1 million shares at .0049. Why would I "slap the ASK" and artificially drive the pps up and loose out on 300 thousand shares for the same price.
Ask yourself this as well. If today, the pps went to .01......about 2 weeks before the SHM.....are you going to sell?
Personally, I think not.
So the pps at .01 today is only going to make you feel better and make you sleep better at night, but it is only on paper and isn't putting any more $ in your bank account.
The way I see it.....let the market determine the pps, and for as long as the market is stupid enough to sell at these ridiculously low prices, I am going to spend my $25,000 per week wisely and buy up as much BLTA as possible.....and the lower the pps, the better, and the more bang for my buck.
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