Agree totally. The penny flip day trading thing m
Post# of 72447
(Total Views: 565)
Posted On: 05/03/2019 12:56:16 PM
Agree totally. The penny flip day trading thing may work fine for some people. But at some point that sell to flip could well cause some a major loss of potential gain as price continues to rise.
Consider-if you have 100,000 shares at .15 and sell at .18, you've made $3000 pre-tax. If the price goes right on through 18 and you chase and manage to get in again at $1 you'll only get 18,000 shares even if you have the guts to put all of the money back in. And that is assuming you even manage to get ahead of a rise and buy any shares at all. And at some point it may stop rising. Will some have chased it to the top and see no further gain? To me, this makes no sense if a person believes in the company.
Many will claim to have plenty of money and lots of shares and "I'll get in when it's proven" and so on. But for most small investors, chasing a rising price doesn't seem likely to result in a good share count compared to what could have been accumulated to this point. I'll continue to hold what I have and thus have no concerns over needing to "try to get in". Hope it works out well for all honest investors in the company.
Consider-if you have 100,000 shares at .15 and sell at .18, you've made $3000 pre-tax. If the price goes right on through 18 and you chase and manage to get in again at $1 you'll only get 18,000 shares even if you have the guts to put all of the money back in. And that is assuming you even manage to get ahead of a rise and buy any shares at all. And at some point it may stop rising. Will some have chased it to the top and see no further gain? To me, this makes no sense if a person believes in the company.
Many will claim to have plenty of money and lots of shares and "I'll get in when it's proven" and so on. But for most small investors, chasing a rising price doesn't seem likely to result in a good share count compared to what could have been accumulated to this point. I'll continue to hold what I have and thus have no concerns over needing to "try to get in". Hope it works out well for all honest investors in the company.
(6)
(0)