"Consider owning CYDY as going to War." Black O
Post# of 153864
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Posted On: 07/01/2020 11:14:43 AM
"Consider owning CYDY as going to War."
Black Ops advises:
As I watched it I was thinking of a counter strike. My group is covering CYDY like a blanket. I don't mention numbers of shares.
A pal even drove over yesterday for my thoughts.
One more of my life lessons should be stressed today for all CYDY longs.
Margin, Once on either the NYSE or traded on the major NASD Market, we will be able to use margin. Think long and hard about using margin. Its a two edged sword. If you are correct you make huge amounts of profits in your favorite companies. If a short term adjustment like yesterday hits, you are now under a margin call. Can't meet the call, your broker sells enough to cover. Its painful.
With the short groups that engage in this battle in a military fashion, it would be extremely dangerous to borrow cash on your shares or buy more shares on margin. Make no mistake, yesterday was planned by the minute.
The shorts look for this weakness, Bob Wilson looked for this when he attacked my OREM in the early 1980s. I was on margin.
I have since swore off margin and lecture my Grandkids of it's pitfalls.
Consider that margin advice as Rule #1
Rule #2; don't use a Stop Loss. Do it mentally. Never let that info out of your mind and never type it, nor speak it. Just you saying it on this board is noted by the shorts and if enough write they are thinking of selling the shorts intelligence officers report this to their commanders and they plan the next attack.
I will say I am 100% sure we will be attacked again. The problem is we all get attacked. Loose lips sink ships.
Consider owning CYDY as going to War. Its us longs verses the Shorts. They are a dangerous enemy as all just wirnessed.
Black Ops advises:
As I watched it I was thinking of a counter strike. My group is covering CYDY like a blanket. I don't mention numbers of shares.
A pal even drove over yesterday for my thoughts.
One more of my life lessons should be stressed today for all CYDY longs.
Margin, Once on either the NYSE or traded on the major NASD Market, we will be able to use margin. Think long and hard about using margin. Its a two edged sword. If you are correct you make huge amounts of profits in your favorite companies. If a short term adjustment like yesterday hits, you are now under a margin call. Can't meet the call, your broker sells enough to cover. Its painful.
With the short groups that engage in this battle in a military fashion, it would be extremely dangerous to borrow cash on your shares or buy more shares on margin. Make no mistake, yesterday was planned by the minute.
The shorts look for this weakness, Bob Wilson looked for this when he attacked my OREM in the early 1980s. I was on margin.
I have since swore off margin and lecture my Grandkids of it's pitfalls.
Consider that margin advice as Rule #1
Rule #2; don't use a Stop Loss. Do it mentally. Never let that info out of your mind and never type it, nor speak it. Just you saying it on this board is noted by the shorts and if enough write they are thinking of selling the shorts intelligence officers report this to their commanders and they plan the next attack.
I will say I am 100% sure we will be attacked again. The problem is we all get attacked. Loose lips sink ships.
Consider owning CYDY as going to War. Its us longs verses the Shorts. They are a dangerous enemy as all just wirnessed.
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Whatever happens, we have got
Le-Ron-Li-Mab, and they have not.
Le-Ron-Li-Mab, and they have not.