(Total Views: 449)
Posted On: 10/14/2021 11:07:57 AM
Post# of 155734
They couched it as "CYDY says...." because they continue to want to cast doubt on the company's credibility.
They have given me the opportunity to buy more shares on the cheap today, for which I thank them.
I sure hope that everyone knows that you should NEVER have a stop in on an OTC stock because they can so easily take it down to your stop price, grab your stock cheap, and then run it back up. When you put a stop order in, the market makers see it on the books.
If you just have to put a stop in, make it a TRAILING stop -- a conditional order that only triggers when the stock price goes lower from its current level than however many cents you designate. Trailing stops are NOT visible to market makers.
They have given me the opportunity to buy more shares on the cheap today, for which I thank them.
I sure hope that everyone knows that you should NEVER have a stop in on an OTC stock because they can so easily take it down to your stop price, grab your stock cheap, and then run it back up. When you put a stop order in, the market makers see it on the books.
If you just have to put a stop in, make it a TRAILING stop -- a conditional order that only triggers when the stock price goes lower from its current level than however many cents you designate. Trailing stops are NOT visible to market makers.
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