Naw, folks just need to understand the full scope of investing in start ups at ground floor. It takes firm resolve for every one of them because you can never be 100% sure it'll work out. Many times People are just chasing green, mistakenly thinking the pps will just keep running because they've seen it happen.
I have seen it happen too, but your timing needs to be almost perfect and you have to watch it closely with an exit strategy. It almost 100% of the time is a manipulation play and corrects very hard and very fast, leaving people who didn't already make the decision to load up for the long haul, having to now think about whether they want to cut losses and bail, or take the chance that the company will become highly successful and just start averaging down.
In the case of this company, those who hold will win, unless they got in chasing a momentum run and bet their mortgage on it and lost the estate. It happens, sadly enough, but for those that are still ok and sitting on a bunch of RMHB, they need only hold those shares for the big win, IMHO.
I have seen it happen too, but your timing needs to be almost perfect and you have to watch it closely with an exit strategy. It almost 100% of the time is a manipulation play and corrects very hard and very fast, leaving people who didn't already make the decision to load up for the long haul, having to now think about whether they want to cut losses and bail, or take the chance that the company will become highly successful and just start averaging down.
In the case of this company, those who hold will win, unless they got in chasing a momentum run and bet their mortgage on it and lost the estate. It happens, sadly enough, but for those that are still ok and sitting on a bunch of RMHB, they need only hold those shares for the big win, IMHO.
9
