My effort in trying to keep the faith on other boa
Post# of 72447
(Total Views: 470)
Posted On: 05/20/2019 9:13:09 AM
My effort in trying to keep the faith on other board this AM:
Love/Hate are often said to be 2 sides of the same coin.
In terms of IPIX, Walk Down/Trading Opportunity IMO are also two sides of the same coin.
Everyone knows NR wants to compress the price as much as possible, while news from mgt makes it appear an influx of partner cash payments could be right around the corner. One side wants the price to drop and the other wants it to rise.
For the price drop, NR simply has to keep doing what they have been doing while for the price rise current longs have to keep buying or new eyes must start investing in IPIX. Thus, the down side has an easier time doing their thing in between news releases.
I am a long, a solid long, and I will continue to buy this week as I feel NR will continue to walk the price down. My thinking is that within a matter of a few weeks my buy now could be worth at least 10 times what I pay today. What else could a penny stock player hope for in a stock?
So is the walk down a disaster or an opportunity? All depends on how you look at it and how you think the current unsigned term sheet for UP/UPS (and possible other indications such as OM) turn out in the next few weeks. As to selling, the risk/reward percentages IMO scream for everyone to hold all current positions. But that is strictly a personal decision which each investor must decide for their personal circumstances.
Make the current price volatility your friend by doing your DD. Opportunities like this don't come but once or twice in a lifetime.
Love/Hate are often said to be 2 sides of the same coin.
In terms of IPIX, Walk Down/Trading Opportunity IMO are also two sides of the same coin.
Everyone knows NR wants to compress the price as much as possible, while news from mgt makes it appear an influx of partner cash payments could be right around the corner. One side wants the price to drop and the other wants it to rise.
For the price drop, NR simply has to keep doing what they have been doing while for the price rise current longs have to keep buying or new eyes must start investing in IPIX. Thus, the down side has an easier time doing their thing in between news releases.
I am a long, a solid long, and I will continue to buy this week as I feel NR will continue to walk the price down. My thinking is that within a matter of a few weeks my buy now could be worth at least 10 times what I pay today. What else could a penny stock player hope for in a stock?
So is the walk down a disaster or an opportunity? All depends on how you look at it and how you think the current unsigned term sheet for UP/UPS (and possible other indications such as OM) turn out in the next few weeks. As to selling, the risk/reward percentages IMO scream for everyone to hold all current positions. But that is strictly a personal decision which each investor must decide for their personal circumstances.
Make the current price volatility your friend by doing your DD. Opportunities like this don't come but once or twice in a lifetime.
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