Anybody buying on a "what if" is doing little more than gambling.
So what if it does take off today. Do you think it will rocket up to your "target" of $4.80 in one day?. Or will there be plenty of time to get in and be in profit from day 1.
I'd rather see it hit $1 and buy in at $1.10 on the way up than to buy in at $1.20 and watch it fall to $1 and still have no idea when it will stop falling.
I reckon those that call themselves Long Term Investors in spec stocks are those who have lost so much money on paper that they are too afraid to sell......And until any company starts to actually make money, they are only specs.
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