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Posted On: 05/17/2017 3:51:41 PM
Post# of 4943
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I , since Dec.2016, through buying dips and selling spikes had accumulated just shy of 100 million shares at an average of a little over .0002. Over the last 2 days I sold down to a holding of 40MM shares accomplishing 2 things; the shares I now hold are essentially free, since I recovered my at risk cost dollars, and I pocketed 6 figures profit. I suspect many savvy traders have accomplished the same thing and that is the driving reason for the high volume and modest decline. I believe most are done with capturing profits and we will see gentle upwards trend from here. I am, however, a buyer on further dips as I agree with the AJH92 analysis that we can expect continued runs each quarter. It will be nice to play without the pucker effect of having $20k at risk.
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