First of all, a thank you to everyone of my shareholders and those that are interested in buying my shares in the future. Empire Avenue, in my view, is a great “game”. Almost like real life in some way. Many of the things we see and experience are happening in real life as well. I take the reason why I am writing this as a proof for that statement. Ever seen a company growing too fast?
Over the past few weeks, I have experienced increased popularity. Well, my shares and dividends have. As a result, there are many buys. So many that I have trouble to match and buy back everyone. This makes me a little nervous, knowing there are a lot of reciprocal buyers and investors out there. In the past, I have experienced people that have put a buy of 600 on me and when I didn’t match them, for various reasons, they sold. So, I am a little concerned that there are a few people out there that might entertain this idea. For me, that wouldn’t be a nice thing to experience again. Once a few sell, some others are jumping on the wagon and the result is a falling share price. Others don’t like to see that and so on….
I have started to explain to some of you what the problem is and I hope that the others read this post somewhere. For all I haven’t matched yet, I will sooner or later buy your shares. It will start in small numbers and will increase over time. Many of my share holders have actually seen the process working “to the max”. Growth of my dividends is increasing every day and more eaves are available for buy backs. In the meantime, I am working on dividends for my shareholders. I am sure that is quite visible. My dividends compared to share price are great.
I am not a reciprocal buyer/investor, but I am also not someone that ignores others that are buying me completely. I am guilty of making a difference on who I am buying first, but in that I am not alone. I guess everyone does that in one way or the other.
A solution would be to buy eaves, but to be honest, I am not yet at the point to invest real dollars. I have started with $20 for a “bigger piece of the pie” and will do so in the future, but I am not at the point that I spend real dollars for eaves. Who knows, maybe down the road.
I hope this is good enough to explain my misery and why I am not buying every investment back as it comes in. If you have any hints and tips regarding this problem, please leave your comments below.
Thank you for investing and your patience.