Added 10k shares at this oversold state. Full disclosure I now own 70,000 shares and this last 10k share buy brought my average down to $2.75 per so later this summer I am sitting just right. Sorry can't stick around and complain all day like most of you. Headed off to the links for 18 and should finish up in time to read the earnings this evening over Chardonnay and grilled sword fish . Enjoy your day.....Hello to Nubes and Ammen. This is a rare opportunity to load up.
wrong, your average is at about 3.02, given this posting:
mitch2bdog • Apr 10, 2014 2:58 PM Flag
Filled low $2.70's and I picked a good day to average down in two ways. First Biotech's and IBB got crushed allowing me the opportunity to steal this stock. Second with the progress being made at DARA is tremendous and my smartly timed investment today, will pay handsom dividends in the not to distant future. I am one happy MF'r for todays action and timing, brilliance. My average on 60k shares is now $3.30 and that I can bank on for a massive return guaranteed.....good day.
Playing the public courses now boybitch? You are now down over $100,000... You won worst investor on board, going for Loser of the Year!! You should lose another 10-14,000 in the morning.. Sleep well!! Enjoy the Ripple
Sentiment: Strong Sell
mitch2bdog • Apr 9, 2012 12:55 PM
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Greetings Bob, I had a suspicion that I might be hearing from you today. Ahhh the testing of one's convictions and beliefs, that's always a puzzler. So you ask about mine and to answer in short yes I do, but allow me to pontificate. The lows that I bought at in Dec are back upon us, so I bought more. Why? because $4.20 is not here yet, you've been a staunch believer in free money, so I assume you're loading the boat today? Also you're good at math so placate me for a moment and figure my estimated profit this year.
Thirty thousand shares at a strike price of $1.01, (Dec '11) sell at $4.20 with a time line of 12 - 15 months. Commission a mere $6 per each way, so It's not rocket science what's my expected profit?.....(Jeopardy music interlude)...........and the answer is?
Yes nearly a six figure profit, and to most traders that's a pretty good return for the time frame. So until $4.20 is on the tape, I sit quietly and wait. Oh and yes I firmly believe in this.