long 'grinding' road

Hi All...

As a long term holder of FML it is obvious (the hint being 'long term'!!) that I am under water on this one. I hold more shares in this stock than any other I own. This is because I liked the prospects and thought that it could one day be the one that would make life a whole lot easier. I have not given up on this but the ride has been gut wrenching!

Today when I looked in on my holdings I noted (with measured glee) that the last tranche I bought is in profit. Whether it can hold it so at this stage is yet to be seen. However, as I perused my other FML holdings I look at the long list of purchases and subsequent purchase prices of each tranche bought. Oh dear....!! When I first lost my head (could have said 'heart') I paid 9 cents for my first tranche, this one was also my smallest...thank goodness.

So, I have a long list of prices paid for shares from 9 cents all the way down to just below where the price sits tonight. My mind starts ticking over and I begin to imagine (hopefully not too wildly) the share price slowly and steadily grinding it's way back to where my initial entry was. My usual annoyance at FML's share price performance gave way to some positive thoughts. Then, and only then did I realise that this is going to be a long 'grind' back as millions upon millions of shares get dumped as we hit each price level where holders anxious to get out breaking even, take the money and run.....

Is this how it is going to be...??

Cheers...
Cazzex