Inconvenient Truth: Fact is, for anyone involved with CYDY stock for any long period of time, a trend is shown every 6 months or so. Optimism levels and chatter for success grows, crumbs of possibly great results are turned into huge loaves of bread in SH minds, the anticipation mounts, people are "loading up the boat" or "backing up the truck" by buying more shares, the share price rises, share buyers start to dream like a six year old the night before Christmas, and then when the news comes out, it is NEVER EVER enough to explode the share price up, which is really what everyone wants. Some like Riz can only take so much of this and end up having a nervous breakdown.
The ONLY thing that will create a solid big jump in SP will be an approval or partnership or buyout with BP.
A smart CYDY Long, if looking to make money in CYDY and the stock market in general, will hold a serious block of "long" shares for the lower tax benefits when sold for when CYDY hits the bigtime (and I sincerely believe it will).
In the meantime, a smart Long with their feet on the ground will also buy more shares when SP is low, shares for short term gains, to sell when the optimism level and chatter for imminent success grows loud, and ultimately crashes.... such as what just happened. It is called hedging your bet and making money along the way. This run up and run down is the cycle with CYDY for years now. One can be a Long, AND buy and sell at the same time. Learn how to play the game.
The ONLY thing that will create a solid big jump in SP will be an approval or partnership or buyout with BP.
A smart CYDY Long, if looking to make money in CYDY and the stock market in general, will hold a serious block of "long" shares for the lower tax benefits when sold for when CYDY hits the bigtime (and I sincerely believe it will).
In the meantime, a smart Long with their feet on the ground will also buy more shares when SP is low, shares for short term gains, to sell when the optimism level and chatter for imminent success grows loud, and ultimately crashes.... such as what just happened. It is called hedging your bet and making money along the way. This run up and run down is the cycle with CYDY for years now. One can be a Long, AND buy and sell at the same time. Learn how to play the game.
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