So, a guy on the UNVC board posted that he bought
Post# of 6857
(Total Views: 344)
Posted On: 09/08/2022 7:21:26 PM
So, a guy on the UNVC board posted that he bought another 500K shares in the last 2 months for $.02 and under. He also posted that this brought his avg down.
Doing a little math with a few assumptions that his avg buy PPS was prob close to $.015. So, $500K of shares would be approx $7,500. Sure seems like a good invest since the PPS has been much higher over the last 2 years. However looking at todays PPS of $.0075 indicates a few facts. First, he is down about 50% or $3,750. Second, if he waited until today, he could have bought a cool 1M shares for the same $7,500 invest. Or, third, he could have paid $3,750 for the same 500K shares.
Timing is everything. Anybody who bought early or late have great low avgs. Those who bought in the $.05-$.15 range have much higher avgs. Prob why posts vary so much from poster to poster.
He seems like a nice guy, so, I hope it works out for him.
Go UNVC
Doing a little math with a few assumptions that his avg buy PPS was prob close to $.015. So, $500K of shares would be approx $7,500. Sure seems like a good invest since the PPS has been much higher over the last 2 years. However looking at todays PPS of $.0075 indicates a few facts. First, he is down about 50% or $3,750. Second, if he waited until today, he could have bought a cool 1M shares for the same $7,500 invest. Or, third, he could have paid $3,750 for the same 500K shares.
Timing is everything. Anybody who bought early or late have great low avgs. Those who bought in the $.05-$.15 range have much higher avgs. Prob why posts vary so much from poster to poster.
He seems like a nice guy, so, I hope it works out for him.
Go UNVC
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