JP, I assume you paid over $7 per share for your
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Posted On: 06/02/2017 4:42:44 PM
JP, I assume you paid over $7 per share for your shares? - maybe more than that? So you invested a ton thinking that GC was a boy wonder. You are the one who was duped, not me.
I bought half of my shares in the last 3 months. When a company loses 99% of its value and its assets are worth 20 times more than the market cap, then that is a good time to buy. Sure there's still risk; that is called investing.
If you weren't so obsessed with your loss, you would have averaged down (I'm guessing you haven't) but you let your emotions get the best of you and would rather not buy anymore shares out of spite than try to make some of your money back.
I bought half of my shares in the last 3 months. When a company loses 99% of its value and its assets are worth 20 times more than the market cap, then that is a good time to buy. Sure there's still risk; that is called investing.
If you weren't so obsessed with your loss, you would have averaged down (I'm guessing you haven't) but you let your emotions get the best of you and would rather not buy anymore shares out of spite than try to make some of your money back.
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