RE:RE:RE:RE:RE:Coming soondadddystock
I don’t have any answers and everyone has their own ways of doing things but think about this...it wasn’t too long ago this ran to .38 correct? If one sold a part of a position at that point and bought back when this fell to .24 you would either have more shares for the profit you had taken or you if are like me may buy the same amount sold and pocket the difference and build your bank at the same time.
lets say 2000 shares rendered at .38 that’s $760.00 and then you buy either those 2000 back at .24 for $480 you got all your shares back plus you are up 280 or if you chose to buy all shares that would be 3167 shares which would not be what I would do because then you have once again tied up all your assets waiting for another run.
it is however possible that if you sold your 2000 shares the stock could still run but if you have say 10,000 and now 8,000 you still have a lot of shares to make money from and you have effectively derisked on the value that you had pulled out from your overall investment if you bank it.
look I want all my stocks to be winners and yes I would and will say time will tell. What I am suggesting again from my perspective is the middle grounds if one has horse shoes up their backside they may strike it rich simply buying and holding and or constantly averaging down rather than thinking maybe I can try something new...waiting for runs takes some time I personally would take some monies again stock goes up nothing more than that I would ever want...stock goes down you buy back.
one other thing to think about Warren Buffet didn’t become a billionaire with few horse shoes up his backside he did it on 20 percent returns year over year. Some people either sell their positions entirely doubling out or keep a quarter to half their shares for all the reasons being stated here.
I may may take some lower gains sooner but hold my determined amounts or take the top end of a run vs my floor pull back whatever the case may be but the one thing I am after is trying to figure a way for exponential growth and that can’t happen if you are waiting years for it...many pennies run hard and reach $6 plus dollars very common for crypto and my but they also crash again if one takes their profits rather than think super pie in the sky they will most likely do better overall.
one other note I have family and family friends in stock who work or have worked as management. My cousin who made a good profits in stocks has always without fail told me to take profits because you can always buy back. A close friend of his who is management for mogo and other stocks has told me for the average investor I am not talking about those who trade strategically, will have a tough time making money as per his word the money is in the warrants...my cousin lives in the British properties in BC Canada West Vancouver as does my family friends their houses are worth more than 2 million and they still have monies on top of that. Now if I don’t think it is wise to listen to them which I for a good part have not look where I am right now!
All stocks have their days and it is best to seize something from it but like you said only time will indeed whether those days are long lived or as of 99 percent of pennies not and back to penny status. Again I get what I am saying isn’t for everyone and as before my two cents worth. That being said I can’t be happier if all that I hold are winners but I will not wish hope and pray nope I will take direct control and do as I have said. I am looking to secure making profit limiting my losses and take full responsibility for where I am vs blaming the manipulators being disappointed in companies who over promise and under deliver get caught in a bear waiting to cut things lose looking for something that can run etc. I am looking to preserve wealth and as stated possibly grow exponentially. Thinking of my riches will be tied to how many shares I hold and delaying gratification for the huge payoffs hasn’t worked for me so here I have been saying what I have but I will be honest I am still thinking about the number of shares vs how best to effectively used them and again that is why I am where I am.
Anyways I will leave it at that and will love to see this reach unbelievable heights and again yes time will tell!