It appears that there will most likely be a steady
Post# of 75014
(Total Views: 768)
Posted On: 03/02/2017 11:00:38 AM
It appears that there will most likely be a steady flow of news released to continue RMHB on the path of steady growth.
This is the smart way to do it as far as long term investors are concerned. With steady growth we keep raising the bar for the price the stock will settle at as we await the next round of news.
In other words there's little advantage to a stock shooting up to .25 and then crashing back to .10-.11 a day later as people flip flop their stocks. At best stock flipping is a dangerous game. If you miscalculate it would be easy to shut yourself out of the action as the stock edges up to 1.00 and over.
It would be great to see a new support level at .16-.17 with investors holding onto their shares instead of driving the price down. With the next round of news that support level could move up to .22-.23 for example. It would be ideal to have this type of slow, steady growth all through the year and the day will come that our base is up over $1.00.
I sense by the flurry of posts made by people about all the shares they own or intend on buying that many investors in this stock are over-extended and sit on a daily basis with the finger hovering over the sell button. That can't be much fun.
It makes more sense to keep the amount you can leave invested for a year and perhaps sell the rest at a smaller profit so your risk is not so great. Also, by doing this you will enjoy the experience a lot more.
I find it unsettling that someone posted that if things go wrong he is so heavily invested that it will ruin his life......
Nobody should put themselves in that position.
Invest what you can afford to lose, and that holds true with any stock in the world.
This is the smart way to do it as far as long term investors are concerned. With steady growth we keep raising the bar for the price the stock will settle at as we await the next round of news.
In other words there's little advantage to a stock shooting up to .25 and then crashing back to .10-.11 a day later as people flip flop their stocks. At best stock flipping is a dangerous game. If you miscalculate it would be easy to shut yourself out of the action as the stock edges up to 1.00 and over.
It would be great to see a new support level at .16-.17 with investors holding onto their shares instead of driving the price down. With the next round of news that support level could move up to .22-.23 for example. It would be ideal to have this type of slow, steady growth all through the year and the day will come that our base is up over $1.00.
I sense by the flurry of posts made by people about all the shares they own or intend on buying that many investors in this stock are over-extended and sit on a daily basis with the finger hovering over the sell button. That can't be much fun.
It makes more sense to keep the amount you can leave invested for a year and perhaps sell the rest at a smaller profit so your risk is not so great. Also, by doing this you will enjoy the experience a lot more.
I find it unsettling that someone posted that if things go wrong he is so heavily invested that it will ruin his life......
Nobody should put themselves in that position.
Invest what you can afford to lose, and that holds true with any stock in the world.
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