" when people are fearful be greedy" " when people are greedy be fearful"
My purchases thus far
$2.20 $1.90 $1.715
average price $1.93
my next buy price $1.50
lets just see how the ARR game is played. Its not going to be in the spotlight with the mining boom. not much ranting and raving going on. its a genuine 3 year hold.
enjoy the down days as buying opportunities.
anything under $2 and long term should do ok.
i feel for the people who bought off the patersons broker report at $3.50. that pumped the stock up far too much. was way overvalued for the risk/reward equation.
we are getting backing into an area which justifies risk/reward.
stocks are oversold and over bought.
this not a rant, just a simple explanation of how i am buying a growth stock that was over bought, and now people are running before the growth story has started
