GREY:CRIUF - Post by User
Comment by
deisman03on Mar 05, 2018 10:14pm
87 Views
Post# 27665285
RE:RE:RE:Do not Sell in Anger
RE:RE:RE:Do not Sell in AngerPandora wrote: deisman03 wrote: Sukhi19 wrote: If it can be pulled down by selling a few units, inversely is also true. A few buyers can move it up.
One of the persons on this borad said that he sold at $7.60 in disgust.
Do not act in anger. Due your due diligence and then if you feel that you should sell then sell. Otherwise you will be doing exactly what short sellers want you to do.
UNLESS management is telling tall tales, neither I nor another very diligent/astute investor friend can't see any reason to sell Crius but feels it's a great time to buy. The SHORTERS have basically been stopped. Their opportunity for big money is gone. That doesn't mean there isn't quick money to be made from the volatility.
After some reflection, I took the profits in my Grandson's RESP and purchased 300 units of KWH.un this morning at 8.12. I am extremely careful with that account. Good thing I NEVER trade on MARGIN or SHORT.
I was going to say something about A142's comment about selling at $8 the shares he bought at $7 but keeps his original holding. What happened to ACB -- average cost? Unless you're dealing in a registered account I would think you cannot keep your costs separated from a trading block to a holding block. I see these comments quite often and usualy wonder what kind of book keeping they are doing.
At this stage of my life I have almost all of my investments in TFSA/RRSP some in an RESP and a rather small cash account. The TFSA has had a few lucky investments and there is a rather nice cash payout monthly. I do my own trading, but at the advice of a very well known and astute investor I don't have excessive diversification. At the very most, 6 vehicles and usully 3 or 4. In all honesty that's about all I can keep track of and keep the information relevant. I seldom fall in love with any vehicle but hey, I'm human and do make mistakes. I would love to be one of those folks with a 100% success rate. The Cannibus and Detection/Testing stocks were a blessing for a quick/clean profit. Way to much emotional hype though and I was in and out half a dozen times.
I spent those profits on purchasing more KWH.UN last week. Who knows???? It could all go down the toilet overnight.
GLTA the good folks here and that includes you Scool.