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Posted On: 12/20/2017 11:22:57 AM
Post# of 75086
Re: Thczinvestor18 #40710
I agree with that as a short term strategy, but my personal strategy is long term, at least for the majority of my investment in RMHB. I can easily move in and out of any play in my Etrade acct, but the vast majority of my RMHB is in a retirement acct which is limited with penny stocks to trading blocks of 50k shares at a time and the commission is high. My average is less than .03/share in that acct. I'm happy with that since I strongly believe it'll get back well above that this year. Once I reach a point several years out where I choose to sell some shares, the stock won't be a penny stock any more IMHO and therefore no such block size restrictions and with low commissions. Etrade is another story. I have a margin acct. with Etrade for convenience, but I don't partake in short selling. Too risky for me.
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