Post by
sylvain_007 on Apr 05, 2021 10:00am
When people sell at a low price , you loose money
Stop to sell at this lower price, i think you like loose money. All is going up, W'll see it this week.
Comment by
Godfather on Apr 05, 2021 1:10pm
What about those that sold at above 1 dollar, and were criiticized for locking in profit?
Comment by
CriticalMind55 on Apr 05, 2021 8:31pm
Yes, those who sold above a $1 dollar stopped the incline by selling prematurely, how do you know $1.28 was the top this time around? maybe if it wasn't for the sellers, it would have made it to the $1.5 to $2.00 range... I guess we will have to wait for the next leg up. C
Comment by
Godfather on Apr 06, 2021 12:02am
Why would you say prematurely? The stock was over-bought after a parabolic move, large profits were made, and now as the share price settles down, those same shares can be bought back at a much lower price. As for myself, i sold 140k shares at an average of 1.08, that were bought at .45 and .46, the previous week. It's hard to turn down that much profit, when you are primarily a swing trader.
Comment by
BuyingTIme on Apr 06, 2021 9:23am
Godfather 100% proper thing to do take profits. I have witness lots of times companys that triple up and then triple back down. Some people never sell always storying telling its going to the moon. These guys are in many companys classified the bag holders and never sell and never make money. Nice sell at 1.08 good job. Bt
Comment by
CriticalMind55 on Apr 06, 2021 9:43am
BT, are you buying NDA now at these prices? I heard many times on this board that people would buy back in the .70's because NDA is worth over a $1, that is at least 30% gain conservatively speaking.