Shrewd Crude,
Would you mind providing your quantitative probability analysis and the risk-metrics you used and the subsequent simulations in order to determine when the optimal participation phase is?
Are you familiar with compounding investment returns?
Yes you could buy MEO at $1.20 and sell it in a year for $2.40, possibly. And it could be perceived to be a lower risk. On the flipside, those that get on board at $0.60 will make 200% instead of 100%. And those of us that got some at $0.30, will make 400%.
Run these scenarios through your models and come back to me with a real answer.
As for 15c, that is how much cash they have in the bank.
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