Short story. I might have turned out to be pretty darn good at picking good spec plays. From 2007 till now every stock I have purchased whether big board companies or pennies have all been spec play’s
Except APPL . APPL was the only stock I bought that was not a spec play and it was the first stock I bought too. $86.00 I paid , sold at $89.00 LMAO I didn't even know how to do any fuzzy math to find where the top was going to be with APPL . I had to learn how it all worked on the big boards first. But after that, ever single stock I bought was a spec play” all of them. Big board spec plays take a very long time and I wanted big profits now.
You remember SIRI and what happened, dollars to a nickel and fear in the headlines on all channels 100’s wkly. If you read the headlines you were not buying a position that’s for sure. ( I was facing my biggest fear in a spec play ) little ole Me , I took a position quick after reading Goldman sacks JP Morgan were loading the boat they were buying millions when everyone was running away............say what ! ( I saw there holdings ) all while they were putting out news that said WE GIVE OUR CONDOLENCES TO SIRIUS, lol I do believe I paid .06 cent a piece for my shares then sold at .65 a share down the road. Even thou I knew those companies were buying I was still under a great deal of pressure.
To my small point , with all my experience from spec plays DUTV has not given me those warning signs that say this is toast, not even close. There is more going on here because as bright as the warning signs are to sell and move on as many would have you believe , ( share price falling of the planet and it tells the story. Tells a little of the story here) my experience tells me that there are just as many bright un-explained reasons to hold on if not more. More reasons to hold then sell. This is not a guess this is my opinion from all my years learning hard lessons and gaining costly experience.
I know folks are very experienced at both ends of investing's, easy to invest in big board companies and do well, It’s the very high risk very high reward that is most challenging , could this be another lesson for me or will those lessons serve me well now?
I’m leaning towards on serving me well now and I have very good reasons too. If your going to ask me what those reasons are you should sell this Tuesday, Seriously, sell .
I support those that find it most difficult to hold on and those folks must do what they have to to keep there sanity , For me the show hasn't started yet.
I’m very experienced in spec plays, heck I might even be an expert now because of DUTV . You don’t become a Jedi over night and not take any notes.
I can trade pennies as well as the next guy this is a fact, what I also can do is see clearly when it’s time to sell and move on to another penny trade. What I have the most experience in are spec plays that haven't yet played themselves out and they don’t follow the typical penny trade...................DUTV is the first of it’s kind that I run across that gives that great speculative play if you can stomach the challenge.
Everyone will put to use there own experience and do what they must do in there position that best suits there trading temperament.
If you have doubt or you feel the need to voice your gripe please do so by all means do so, but please direct them towards MC as he is the only one that can answer them, and if he’s not listening don’t take it personal keep trying.
Good lord I think I know what gives me confidence in my investment and it’s not following opinions voiced from other investors having a hard time with there investment, Heck I got my own set of opinions for every occasion just sitting there waiting to go.
That’s my short story 8 years of nothing but” spec plays.
Except APPL . APPL was the only stock I bought that was not a spec play and it was the first stock I bought too. $86.00 I paid , sold at $89.00 LMAO I didn't even know how to do any fuzzy math to find where the top was going to be with APPL . I had to learn how it all worked on the big boards first. But after that, ever single stock I bought was a spec play” all of them. Big board spec plays take a very long time and I wanted big profits now.
You remember SIRI and what happened, dollars to a nickel and fear in the headlines on all channels 100’s wkly. If you read the headlines you were not buying a position that’s for sure. ( I was facing my biggest fear in a spec play ) little ole Me , I took a position quick after reading Goldman sacks JP Morgan were loading the boat they were buying millions when everyone was running away............say what ! ( I saw there holdings ) all while they were putting out news that said WE GIVE OUR CONDOLENCES TO SIRIUS, lol I do believe I paid .06 cent a piece for my shares then sold at .65 a share down the road. Even thou I knew those companies were buying I was still under a great deal of pressure.
To my small point , with all my experience from spec plays DUTV has not given me those warning signs that say this is toast, not even close. There is more going on here because as bright as the warning signs are to sell and move on as many would have you believe , ( share price falling of the planet and it tells the story. Tells a little of the story here) my experience tells me that there are just as many bright un-explained reasons to hold on if not more. More reasons to hold then sell. This is not a guess this is my opinion from all my years learning hard lessons and gaining costly experience.
I know folks are very experienced at both ends of investing's, easy to invest in big board companies and do well, It’s the very high risk very high reward that is most challenging , could this be another lesson for me or will those lessons serve me well now?
I’m leaning towards on serving me well now and I have very good reasons too. If your going to ask me what those reasons are you should sell this Tuesday, Seriously, sell .
I support those that find it most difficult to hold on and those folks must do what they have to to keep there sanity , For me the show hasn't started yet.
I’m very experienced in spec plays, heck I might even be an expert now because of DUTV . You don’t become a Jedi over night and not take any notes.
I can trade pennies as well as the next guy this is a fact, what I also can do is see clearly when it’s time to sell and move on to another penny trade. What I have the most experience in are spec plays that haven't yet played themselves out and they don’t follow the typical penny trade...................DUTV is the first of it’s kind that I run across that gives that great speculative play if you can stomach the challenge.
Everyone will put to use there own experience and do what they must do in there position that best suits there trading temperament.
If you have doubt or you feel the need to voice your gripe please do so by all means do so, but please direct them towards MC as he is the only one that can answer them, and if he’s not listening don’t take it personal keep trying.
Good lord I think I know what gives me confidence in my investment and it’s not following opinions voiced from other investors having a hard time with there investment, Heck I got my own set of opinions for every occasion just sitting there waiting to go.
That’s my short story 8 years of nothing but” spec plays.
