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chins up, page-6

  1. 12,997 Posts.
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    plugged and other FARites:
    Let not get some funny mood swings the better of you ! You all have invested in FAR for some good reason(s) - or so I hope at least - and taken a risky investment "on board". With all risky investments it is the same: big upside as well as downside potential.
    In my case (after averaging down) my average-in price is a quite high 10c.
    So what is the risk/reward scenario:
    Risk: It will go down to 3c (max. decline, I would believe), i.e. short-term I would "lose on paper" (as I would NOT be selling) 70%.
    Reward: It will go up to, say, 20c (a lot of people here expect it to go much higher, i.e. 30c or even more - but I just take a conservative approach here). So, my gain (again on paper, as I would not sell at that point in time)is 100%.
    To my simple mind, 100% upside is bigger than 70% downside, especially also as I have calculated (IMHO) with the max. downside possible and a reasonably "low" upside.
    To each her/his own. And time will tell and the telling will be forthcoming quite soon.
    wasa
 
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