OTCPK:DDBXF - Post by User
Comment by
ScarletSpideron Jan 26, 2018 4:44pm
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Post# 27444304
RE:RE:Any Stock That Loses More Than 10% Off A Close
RE:RE:Any Stock That Loses More Than 10% Off A Close overall i am really bullish on the market. There are some who are saying "rumors" that 2018 is supposed to be the year to make money. Nevertheless, 2017 according to SH had seen triple digit gains but what one has to keep in mind is that there will always be some sectors that will be hotter than others.
The mj and cryptocurrency i strongly believe will see a sharp correction as will the cobalt and lithium sectors. I believe that some others like copper, nickel and gold will rebound amidst investors looking to move their monies. The tech sector seems to be coming along well but again things depend on which ones and which companies. With pennies yes they are akin to gambling because often times it is really hard to put values on companies especially pre-revenue. And when you have companies like this a lot of what goes on is perceived value and whether the stock is trading high or not becomes more apparent as time goes on and everything else becomes hindsight.
I have never ever said it is not wise to take some monies off the table as today's trading/prices is a case in point as it has and continues to be. Do I personally regret not doing so--that is a bit of a tough one given that i am looking across other holdings and deciding whether i will keep the amount of shares in them or not be it that i either reduce them or sell them entirely. For my personal circumstances as i had said before i have enough shares to keep me happy and looking at my ideal strike points but will act in according to the market. I may add if the price keeps dropping here and i sell elsewhere or at the very least keep holding and waiting as i definitely don't think where this is trading is worth it--those who want to trade and as i say manipulate will continue to do so regardless. I am not overly concerned with them because if i find i have to cut bait i will and if i feel that things will keep moving up i will just average down. At this point this company has way too much news to put out that will without a doubt spike the share value.
I will keep with what i am doing but I am fairly sporadic and spontaneous with my style. Could i be further ahead had i took my profits i think probably and depending how i reinvest i could be exponentially ahead but this is something i will have to keep looking at. At this point i am not hurting with where i sit as i know those companies i hold are far from done and bought low enough despite the share drops that i will see good profits.
Nevertheless, with all this being said whether the market is good bad indifferent if one knows how to position themselves effectively they can find the way to always be profitable. I am still working on this and to this extent i have yet to be profitable--22% down on 100k--yes, i could have been better off but live and learn albeit even slowly.