Bennie1012, that is exactly the right buyin strate
Post# of 11899
Bennie1012, that is exactly the right buyin strategy to have, for most stocks you wish to accumulate and especially in pink sheets stock where the share price can move quickly in either direction on low volume. Thanks for sharing your plans for accumulation. I tend to buy over multiple years, but in waves, so for instance I buy equal allotments day in day out for maybe a couple weeks and then for months I may not buy even a single share then at a different price point I typically come back in and begin another round of accumulation, etc, over the years. It has served me well in the past and like you say, it does somewhat assist the long term price chart by creating bid support. I think anyone planning to accumulate at these prices is making a very wise decision. By my own calculations on valuation I dont even see how the current share price is taking into consideration the base worth of the inventory the company has on hand or even the profits that they may have realized recently on selling batches to distributors.
GLTY
$RFMK!