I am following my old strategy here that I used su
Post# of 417
Posted On: 05/21/2016 11:04:49 AM
I am following my old strategy here that I used successfully on other stocks with market value under even the revs of one quarter, with great SS, and suppressed pps.
Currently, and actually for most of the last months the pps oscillates between ~0.006 and ~0.0076. Some final dilution is happening - notes are disclosed. Same situation like for example in RXMD last september (people cried wolf on and off for 4 months there). What I did there and here with SVTE is loading really big upfront (even with temporary 20% declines) so that I can sell some 100K share blocks at a given time on the eventual way up to ~4 cents (I see a fair market value for SVTE at ~8+ cents right now) without flipping and the goal to still have lot of shares for really big times should they come. (For example I bought 2.3M shares of RXMD with an ave of 0.0079 even though there were 0.0056 days and sold 1.1 M on the way up few months later for a total gain of $53.000; still have 1+M shares).
It's more nerve wrecking in the beginning (like last friday for SVTE) but less on the ride and gives the freedom to sell feeling great. Sometimes I might use materialized gains to support should a decline happen.
So I have 3M shares of SVTE right now with an ave of 0.0078. If I had no shares yet I would buy in 500k blocks over the next days even in ask slapping if the spread is little, but would make sure to have a complete position with no more than a 0.007 to 0.0085 Ave Then I would set limit sells for example ~100k blocks at around 0.013, 0.018, 0.023, 0.028, 0.033, 0.038. These I would keep with whatever happens and make sure to evaluate depending on the tecnicals if I keep (or not) half of my position past 3/4 cents. For that process I would give a total of 6 months including 2 10Qs before getting nervous.
I would with solid growing revenue creating companies with great SS never start to buy little here and there, chase out of excitement, sell out of disappointment, start to flip, undercut asks or sell into bids. I just buy all ahead of time and relax and re-evaluate after set timeperiods (or after 50% losses based on fundamental developments or too quick 500% gains without fundamental reason)
Currently, and actually for most of the last months the pps oscillates between ~0.006 and ~0.0076. Some final dilution is happening - notes are disclosed. Same situation like for example in RXMD last september (people cried wolf on and off for 4 months there). What I did there and here with SVTE is loading really big upfront (even with temporary 20% declines) so that I can sell some 100K share blocks at a given time on the eventual way up to ~4 cents (I see a fair market value for SVTE at ~8+ cents right now) without flipping and the goal to still have lot of shares for really big times should they come. (For example I bought 2.3M shares of RXMD with an ave of 0.0079 even though there were 0.0056 days and sold 1.1 M on the way up few months later for a total gain of $53.000; still have 1+M shares).
It's more nerve wrecking in the beginning (like last friday for SVTE) but less on the ride and gives the freedom to sell feeling great. Sometimes I might use materialized gains to support should a decline happen.
So I have 3M shares of SVTE right now with an ave of 0.0078. If I had no shares yet I would buy in 500k blocks over the next days even in ask slapping if the spread is little, but would make sure to have a complete position with no more than a 0.007 to 0.0085 Ave Then I would set limit sells for example ~100k blocks at around 0.013, 0.018, 0.023, 0.028, 0.033, 0.038. These I would keep with whatever happens and make sure to evaluate depending on the tecnicals if I keep (or not) half of my position past 3/4 cents. For that process I would give a total of 6 months including 2 10Qs before getting nervous.
I would with solid growing revenue creating companies with great SS never start to buy little here and there, chase out of excitement, sell out of disappointment, start to flip, undercut asks or sell into bids. I just buy all ahead of time and relax and re-evaluate after set timeperiods (or after 50% losses based on fundamental developments or too quick 500% gains without fundamental reason)
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