(Total Views: 501)
Posted On: 12/12/2018 6:06:20 PM
Post# of 75357
When I saw that someone dumped their stock for .008 I realized something.
I believe their selling is in no way reflecting on anything the company is doing wrong. I don't even think it's impatience.
I feel for some people who perhaps have over-invested in the stock and now are heading into the Xmas season short of money. It's quite possible there will be some people selling simply because they need the money right now. It can be an expensive time of year especially if you have a big family.
It's too bad if that's the case because they are so close to selling that same stock at a much higher price, but it's understandable.
We have to also consider that it's tax loss selling time. There isn't much time left for those who choose to sell at a capital loss to offset capital gains from other stocks that may have made them money.
RMHB is on the right path and like a snowball rolling downhill, it's going to get bigger and bigger with each passing week.
Grit your teeth and hang in there. I've been involved with the market for about 35 years and I guarantee you, there will never be another opportunity like this.
I believe their selling is in no way reflecting on anything the company is doing wrong. I don't even think it's impatience.
I feel for some people who perhaps have over-invested in the stock and now are heading into the Xmas season short of money. It's quite possible there will be some people selling simply because they need the money right now. It can be an expensive time of year especially if you have a big family.
It's too bad if that's the case because they are so close to selling that same stock at a much higher price, but it's understandable.
We have to also consider that it's tax loss selling time. There isn't much time left for those who choose to sell at a capital loss to offset capital gains from other stocks that may have made them money.
RMHB is on the right path and like a snowball rolling downhill, it's going to get bigger and bigger with each passing week.
Grit your teeth and hang in there. I've been involved with the market for about 35 years and I guarantee you, there will never be another opportunity like this.
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