MNS 0.00% 4.2¢ magnis energy technologies ltd

Not many been waiting as long as me, I first bought shares on...

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  1. 50 Posts.
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    Not many been waiting as long as me, I first bought shares on August 1, 2011 at .43 cents, so I’m upside down still 7 years later on those shares. It was a Diggers and Drillers (D&D) recommendation back then when it was looking for Uranium. I recall they, D&D recommended closing around .10 cents or less after Fukushima , but I’m a stubborn lot, actually forgot about the stock. Luckily didn’t take a loss.

    When they discovered those first outcropping sometime around 2012 tomid 2013. I more tripled or quadrupled my position around 0.03 or 04 cents to lower my cost basis. Figured I’d already lost. Luckily I got those .01 cent options as well with the .10 strike price they sold to keep the lights on to progress the graphite find.

    I usually added some as well when Frank bought, but still kick myself for not selling at that $1.12 it reached. I suspect there are a lot of long time holders, so this should sail upwards when it does move from current levels. In hindsight I might of just put the money in the S&P500 index to get the return I’m at, but not as much fun.
 
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