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Posted On: 02/03/2019 3:59:02 PM
Post# of 29251
To each their own....everyone has their own level of risk tolerance.
I am thankful to have been able to average down very nicely over the last few months but I realize not everyone is in the same position.
All I am saying is that once confirmation comes that the phones are real and we have significant sales lined up the share price will move back to multiple pennies very quickly and if you don't have the amount of shares you want by the time that confirmation comes then good luck getting them.
For some that prefer to protect their downside then that would be fine but I trade pennies for the grand slams....not the singles or doubles I can get with much less risk on the NYSE or NASDAQ.
I am thankful to have been able to average down very nicely over the last few months but I realize not everyone is in the same position.
All I am saying is that once confirmation comes that the phones are real and we have significant sales lined up the share price will move back to multiple pennies very quickly and if you don't have the amount of shares you want by the time that confirmation comes then good luck getting them.
For some that prefer to protect their downside then that would be fine but I trade pennies for the grand slams....not the singles or doubles I can get with much less risk on the NYSE or NASDAQ.
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