Well for a while yesterday, I was in the positive but the relentless decline made me go back into the red. I'd probably sell at $7-$10 if it made it that high. You never go broke making a profit.
I'm not looking at a thousand dollar share price, that just sounds greedy. Definitely can live with singles and walks as opposed to the grand slam.
REO for 10 different forms of cancer.
$1 Billion in sales for each form.
$1 Billion sales = $100. / share stock price.
10 x $100.= $1,000.
(10 Billion in sales is not out of reach.
After all Lipitor did $7.5 Billion in sales for 1 disease .)
Risk / reward ratio looks good to me.
1,000. shares x $3/ share = $3,000. =$1 Million. in 5 years.
The math looks good to me.
At $20 the wife and I start arguing about whether to sell a few 1,000 share lots to begin to recoup our ridiculously over weighted position, but by then I'm a hero to the 30-40 people I've touted into the stock...and the gross returns become secondary as I'll never have to buy myself a drink again....
At $137 we begin to think seriously about fractional ownership of a G7....unless the wife has prevailed in the premature sales at $20......still not buying any of my own drinks, and at that point I'm also a hero to all my friends' kids as their college education will have been paid for...