Buying stocks 101: Buy Low - Sell High Great
Post# of 40989
Buy Low - Sell High
Great theory, tough reality! I was lucky enough to listen to Winston and goodbuddy and bought in at $.0022. Then as I became more familiar with the CEO's vision, I bought more on the way up, and as the PPS came down. I remember thinking when the PPS went up (for a very short time one day) to around $.0190, that we are going to see the PPS well over $.05 within 1 year, why would I sell?
As the PPS descended I recall thinking, OK this is as low as we will see the PPS so I bought a fairly large block at $.018, then again at $.0093, then again in the .008's. A couple of weeks ago I was fortunate when the PPS hit the low .005's and I jumped all over that. And as it was headed up last week I bought more at. $.0063.
I guess my point is that new highs and new lows in the PPS are difficult to gauge and predict but when you find an OTC company which has a real product which is selling and saving lives, a CEO which you can trust who is out busting a nut (pun intended) to make this company into a viable investment, I'am in all the way. Sure, sometimes things don't work out in the timeline which you hope. It's business. It happens. As long as that CEO is not giving up, neither am I.
On4 Communications (ONCI) Stock Research Links
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