I've said before that I have nothing against flipp
Post# of 86955
(Total Views: 469)
Posted On: 07/01/2020 10:45:44 AM
I've said before that I have nothing against flippers/daytraders. I made upwards of $750,000 over just two tax years when I used to flip big boards 20 years ago. Flipping is a respectable and honest way to play the market.
I do not support what I call flip/bashing though. Using fear and manipulation to shake shares from people is not something that is honest or respectable whatsoever.
When we get movement and volume, we get flippers. Not everyone is as focused on the DD as we are here. They just see an alert somewhere, check the story, and then trade the day's movement. Very different strategy. When I flipped I didn't care what the stock did after I got out, and sometimes I didn't even know what the company did. If it looked good right now, I would flip it.
When we see the sellers come in after these kinds of moves, it's absolutely normal. Keep in mind, even though we know we have an amazing situation here, this is the open market. Anyone in the world can trade UNVC, but how many have the DD that we have?
Let the traders trade, the flippers flip, and the long term holders become millionaires! It all works out in the end!
I do not support what I call flip/bashing though. Using fear and manipulation to shake shares from people is not something that is honest or respectable whatsoever.
When we get movement and volume, we get flippers. Not everyone is as focused on the DD as we are here. They just see an alert somewhere, check the story, and then trade the day's movement. Very different strategy. When I flipped I didn't care what the stock did after I got out, and sometimes I didn't even know what the company did. If it looked good right now, I would flip it.
When we see the sellers come in after these kinds of moves, it's absolutely normal. Keep in mind, even though we know we have an amazing situation here, this is the open market. Anyone in the world can trade UNVC, but how many have the DD that we have?
Let the traders trade, the flippers flip, and the long term holders become millionaires! It all works out in the end!
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