Been thinking about lines lately. Did you know th
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Posted On: 02/04/2023 12:54:10 PM
Been thinking about lines lately. Did you know there are 3 types of lines in investing?
Investing in VERB, or other high risk stocks requires good DD in which one sometimes needs to read between the lines to see what's coming. Red, and about 70 others here have done that. What I see between the lines of PRs and other DD have lead me to not only continue holding my shares, but to also increase my position by over tenfold. Most of my shares cost less than $0.20. I just couldn't let the chance for me to accumulate slip by. I expect this coming week will see an enormous increase in SP similar to the time when FUSZ (shortly after changing their name from bbooth) first rose above $1 to eventually reach around $3. Yes, I have been an investor since then. Not quite as old of an investor as those founding investors that bought when it was bbooth.
There are also those that have considered to invest, or have invested and sold but still on the line about reinvesting. This type of investor doesn't typically do much DD, if any. They are meme investors. Following the next big mover. Trying to catch the wave when a stock takes off by following technicals of a stock chart instead of the fundamentals of the company.
We finally come to the last type of line in investing. There are those that follow a stock and never really intend on buying any shares. No investment urge at all. Some short the stock and will try to make the SP drop by spreading propaganda on the stock boards, hoping those that are on the line investors, and some long time investors will decide to sell their investment and leave. Others spread fodder because they are paid to do so. This type of person snorts the line. Yes, I said snorts, not shorts. They are crazy, uneducated, and frankly don't care about other people or the stock they are bashing because they still make their $3 an hour wage to continue living in their parent's basement.
Investing in VERB, or other high risk stocks requires good DD in which one sometimes needs to read between the lines to see what's coming. Red, and about 70 others here have done that. What I see between the lines of PRs and other DD have lead me to not only continue holding my shares, but to also increase my position by over tenfold. Most of my shares cost less than $0.20. I just couldn't let the chance for me to accumulate slip by. I expect this coming week will see an enormous increase in SP similar to the time when FUSZ (shortly after changing their name from bbooth) first rose above $1 to eventually reach around $3. Yes, I have been an investor since then. Not quite as old of an investor as those founding investors that bought when it was bbooth.
There are also those that have considered to invest, or have invested and sold but still on the line about reinvesting. This type of investor doesn't typically do much DD, if any. They are meme investors. Following the next big mover. Trying to catch the wave when a stock takes off by following technicals of a stock chart instead of the fundamentals of the company.
We finally come to the last type of line in investing. There are those that follow a stock and never really intend on buying any shares. No investment urge at all. Some short the stock and will try to make the SP drop by spreading propaganda on the stock boards, hoping those that are on the line investors, and some long time investors will decide to sell their investment and leave. Others spread fodder because they are paid to do so. This type of person snorts the line. Yes, I said snorts, not shorts. They are crazy, uneducated, and frankly don't care about other people or the stock they are bashing because they still make their $3 an hour wage to continue living in their parent's basement.
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