oh.. ive actually threw up in past investments whe
Post# of 3333
(Total Views: 235)
Posted On: 03/14/2017 10:41:22 AM
oh.. ive actually threw up in past investments when i lost thousands in one day only to watch it skyrocket the next. happens to all of us at least once.
just remember we all need to do our own DD and not rely on myself or anyone else for our own investments. i am human and have been wrong.
but to respond to your post.. this dip isnt because of any bad news. its because we're waiting on news.
There is a difference.
Word of caution.. if any serious investor wants to flip for more shares but youre currently in the negative.. watch out.
if you bought 100,000 @ .03 = $3,000 and you flip at .0128 you're already $1,280 in the hole prior to flipping which means you only have $1720 to spend.
sure, buying $1720 @ .01 gives you 172,000 shares (72,000 more shares) but youd actually be worse off. here's why:
Instead of flipping, you could have bought 72,000 shares @ .0128 for $921 dollars. Now that you flipped, it cost you $1,720 for the same number of shares.
This is why, although flipping has its place ( i just did it at .019 and bought back in @ .0141/.015).. its not recommended if you have a negative balance.
But hey.. its your account. Do whatever you want with it : )
just remember we all need to do our own DD and not rely on myself or anyone else for our own investments. i am human and have been wrong.
but to respond to your post.. this dip isnt because of any bad news. its because we're waiting on news.
There is a difference.
Word of caution.. if any serious investor wants to flip for more shares but youre currently in the negative.. watch out.
if you bought 100,000 @ .03 = $3,000 and you flip at .0128 you're already $1,280 in the hole prior to flipping which means you only have $1720 to spend.
sure, buying $1720 @ .01 gives you 172,000 shares (72,000 more shares) but youd actually be worse off. here's why:
Instead of flipping, you could have bought 72,000 shares @ .0128 for $921 dollars. Now that you flipped, it cost you $1,720 for the same number of shares.
This is why, although flipping has its place ( i just did it at .019 and bought back in @ .0141/.015).. its not recommended if you have a negative balance.
But hey.. its your account. Do whatever you want with it : )
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There is a VERY HIGH degree of RISK involved in trading and investing. Only invest what you can afford to lose.
Disclaimer:
As used herein, the terms "You" and "Your" shall mean you, individually, the reader, and each other party on whose behalf you may use the contained information at any time.
All references to "My", "I", and “The writer of the above post” shall refer to the creator of the username Joey68.
Do NOT invest unless you are prepared to sustain a total loss of the money you have invested plus any commission or other transaction charges.
There is a very high degree of risk involved in trading and investing. Past results are not indicative of future returns. I assume no responsibility for your trading and investment results. You should NOT rely on the information in the above post to make any decision or take any action.
ALL OF MY STATEMENTS, including but not limited to, POSTS, MESSAGES, PRIVATE MESSAGES, and RESPONSES are OPINION and NOT fact and are for entertainment purposes only. Do your own research and make your own decisions based on your own conclusions.
ALL OF MY STATEMENTS, including but not limited to, POSTS, MESSAGES, PRIVATE MESSAGES, and RESPONSES are NOT advice, and are NOT designed to substitute the expertise and judgment of a professional. It is your responsibility to seek investment advice during all stages of your investments. It is your responsibility to evaluate the accuracy, completeness and usefulness of the information in the above post.
I am NOT a professional.
I do NOT work for you.
My posts are NOT investment advice. I am not paid to post.
There is no correlation between the number of posts I write per day and your assumed success of a company.
It is NOT my responsibility to inform you of my own personal investment decisions.
It is NOT my responsibility to inform you when it is time for you to buy, hold, and/or sell a position.
I have no control over, and am not responsible for the actions of others who copy, store, edit, change, prepare any derivative work of or alter in any way any of the content provided in my posts.
Errors and Omissions expected. The writer of the above post accepts no liability or responsibility for any errors or omissions contained in the above post or contained within this Disclaimer.
The writer of the above post shall NOT accept any liability for the accuracy or completeness of the information contained in the above post, for any reliance placed by any person on the information contained in the above post, or for any damage or loss, however caused, in connection with the use or reliance on any information contained in the above post.
The above post may contain links to websites owned and operated by third parties. These links are provided for informational purposes only and are NOT endorsed by the writer of the above post. The writer of the above post has no control over the contents of any linked website and bears no responsibility for the accuracy, legality, or content of the external site or for that of subsequent links.
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There is a VERY HIGH degree of RISK involved in trading and investing. Only invest what you can afford to lose.