Well, Rv, hopefully it's not going to drip too muc
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Posted On: 11/09/2020 1:08:46 PM
Well, Rv, hopefully it's not going to drip too much further down today, as it has played in this range for a while now.
I just looked at my GNBT holdings again (including several buys today), with the price action of the past year or so in mind. While the current price is extremely disappointing, and this process has been extremely frustrating and stressful, I now have made 1/3 of my purchases below $0.25.
So with a relatively minimal additional investment, I have been able to accumulate far more shares of GNBT than I thought I ever could have. What this means to me is that, if GNBT has any level of success whatsoever, I will be able to sell a portion of these new shares, recoup my investment, and let a far larger amount of shares ride the wave further up.
Not only that, but I feel the potential, and the diversity of the items that comprise that potential, is far better than it has been all year (or probably ever).
So as long as things remain the same or better, I will look at these price levels as an opportunity. I moved some money around to free up cash, but I haven't gone "all in" yet. I do believe the game players may try to push us down one more time. But at these prices, I feel the risk/reward for this stock has never been better.
I just looked at my GNBT holdings again (including several buys today), with the price action of the past year or so in mind. While the current price is extremely disappointing, and this process has been extremely frustrating and stressful, I now have made 1/3 of my purchases below $0.25.
So with a relatively minimal additional investment, I have been able to accumulate far more shares of GNBT than I thought I ever could have. What this means to me is that, if GNBT has any level of success whatsoever, I will be able to sell a portion of these new shares, recoup my investment, and let a far larger amount of shares ride the wave further up.
Not only that, but I feel the potential, and the diversity of the items that comprise that potential, is far better than it has been all year (or probably ever).
So as long as things remain the same or better, I will look at these price levels as an opportunity. I moved some money around to free up cash, but I haven't gone "all in" yet. I do believe the game players may try to push us down one more time. But at these prices, I feel the risk/reward for this stock has never been better.
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