@Drugo, I'm not sure why you are so defensive of this stock given it's history, unless you have some personal connection here.
Does this rock bottom offer present an opportunity, perhaps, but that's because there is only one way to go from the bottom.
That aside, you can not for a moment dismiss the horrendous track record of this company. As such, why poke the bear regarding negative posters. The only negativity I care about is the share price. BLK used to be worth how much?
I don't want to be personal, whether it be you or MJ but facts are facts, and I will cross that line and tell you I have met said man and was gobsmaked at how arrogant and rude someone could manage to be in 5mins.
I say this as someone who is almost never negative about a stock, or person. if I am unhappy I keep my mouth shut.
no doubt a lot of effort (and clearly funds) has gone into
making this work. if I was to give the benefit of the doubt, I would point out the track record the area has in regards to grades/profitability.
at the end of the day, MJ has paid himself handsomely and reinvested some sure, but this company has been on a never ending downward spiral for years.
a very small part of me is tempted to go again and average down, but what do they say, hurt me once shame on you, hurt me twice...
this will have to be the last raise before surely people start laughing and it goes bust.
the only chance I have of getting close to my money back is to go again but I simply can't do it out of principal.
smart money follow successful
people so what would that make me investing here?
any newbies might get lucky and it's worth a crack. just not for me thanks.