Nice balanced post.
Just a thought but many that got in early like yourself and Mcmurraj can maybe envision 20-50 bag end result as your buy in and average is low(depending how low). These sorts of profits make it a no brainer to hold to the end. Those with a higher average of say $3 are starting to think how many x$ am I to make from my average? I'd say there would be a lot that'd bail at a $12 TO offer. 4 bags isn't that bad but considering those with averages at 3 could have only been a few months later to the party than you guys it can put a real dampener on mindset and patience. I'd also say a 4bag profit on a high risk speculative stock that takes 6years would be a poor choice (I'm hoping Race swings soon). We've all had to be patient and positive but I tend to think those green haven't had the stress that those who've been Red for the last 2.5years and prob cant fully understand the rationale of these holders. Hence a low TO is a real possibility and a scary thought. After being Red for my entire RAce journey and currently 50% red I want to see SP improvement soon. Before you say the SP isn't the company and fundamentals are better than ever remember be only get a premium offer to the current SP at the time.
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Nice balanced post. Just a thought but many that got in early...
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$1.42 |
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