Oh its risky for sure. But, (and I hope your frie
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Posted On: 12/17/2020 5:54:39 PM
Oh its risky for sure. But, (and I hope your friend isn't in this boat) the real danger is if you are trading most or all of your position.
I have a core position that I'm not touching. Regarding CYDY in particular, if there is a short attack, or something that causes me to become a buyer, its new money in. Then I sell for a profit when fear subsides and reason returns.
I figure worst case scenario I hold those shares long term.
At the end of the day its akin to gambling. Certainly dont recommend it to everyone.
I have a core position that I'm not touching. Regarding CYDY in particular, if there is a short attack, or something that causes me to become a buyer, its new money in. Then I sell for a profit when fear subsides and reason returns.
I figure worst case scenario I hold those shares long term.
At the end of the day its akin to gambling. Certainly dont recommend it to everyone.
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