OTCQB:VVCIF - Post by User
Comment by
kingyahooon Jan 30, 2018 11:41am
166 Views
Post# 27463027
RE:RE:RE:RE:RE:Sell on good news and buy on bad
RE:RE:RE:RE:RE:Sell on good news and buy on badHey, you do what you think. I certainly do, after making all the mistakes under the sun.I know and read about people who short. I have no control of what anyone does. I know what short is and it is not my bag.
I will try to explain something and would appreciate feedback Yestrady ABCN closed at a specific price: a gain, loss, or. no change. The nexy day of trading that stock drops to a loss of .50 cents. If one does not sell, it is only a paper loss. You could loose more or make up all the successive loses on a single day, or a number of days. From yesterday, everyone who own ABCN would have gone as low as the low of the day at #2.80.
I bought as low at $2.88. If I were to sell some I bought for say @.84 right now at 3.20, which I have just done, I have lightened my paper loss. By selling higher than I bought for, I have made money have cash. to go hunting for another stock I know at a lesser price.
Anyway, I do my things and everybody else to his or her things. Whatever you do, good luck/