Potluck A Friendly Word Here Take It Or Leave it!Ever hear the song the Gambler? I bet you have--Rogers says every hand is a winner and every hand is a loser, you got to know when to hold, when to fold, when to walk away and run when the dealing is done. Ultimately, it seems the Gambler if lucky will break even and luckier still will make monies many will lose because they don't know when to quit!
In the past and i am trying hard really hard not to do so in the present moving forward is to either fully go to bat for companies or to bash them--that is not useful--i am trying to move objectively so even if i like certain things about companies and i look to hold some shares longer term others i will take profit off of when the monies is there--be it half my position more less it doesn't matter--to make money you need to have money not tie it all up buying and holding i got killed that way--but i will say this what and how people wish to handle their holdings is their business.
i have made it very clear i don't like people manipulating stocks especially down but up is equally bad "pump and dump" and this being said both pumpers and bashers are equally problematic--avoid falling into any of this and being in a clique mentality ganging up on those who are doing whatever they are doing and then getting yourself into a peeing contest what a waste of time and energy--
if you have your strike points where you have bought and where you will sell regardless of gains or losses everything anyone else does, company does doesn't really matter you are looking simply at strike points, pre-determined amounts of shares bought and sold etc.
Don't waste your time ranting and raving chastising people not worth it trust me i have done this for the past 3 plus years as well as tons of posts on all boards--i am trying to avoid it. But clearly i still post.
I will bring up facts to set the record as to what i see where things go so if people in their desire to manipulate down want to talk and say i am twisting them i will make sure i have the facts and i will call all of you out!!! So bring your A game but what i say are simply my best guess and projections as to what prices are--as i have said with this one--they are based on what i have seen from others but as with the stocks or any product advertisement results may vary even though no doubt everyone wants the ultimate best.
Don't waste your time on negative energy and don't get caught up buying everything managment or others say as that will jade your obejectivity but if we do get caught up our strike points and preplans will keep things where they need to be and they should trump all to be more in a winning than a losing position--if you keep enough skin in the game after taking out your initial investment and commissions the rest is profit!!!
Again, just a friendly bit of advice i know how tough it is to do what i have given been there and still am to some degree--nobody likes to see loses realized or not and we would all like to defend our position so as to make monies--I fully get it but if you believe in what you hold and solid reasons for doing so along with having a predetermined plan in place you don't need to preach to the choir and i know i don't but i just pretty well share my opinion if after that people want to buy and sell that is entirely up to them i am not saying for them to do anything although i will say smart money will be buying--everything in truth is quite relative--someone may sell here and make monies elsewhere and buy back again and make monies here again--or they may sell and lose due to trying to market time which is most likely and then come back and act like a loser bashing the stock out of regret of selling.
In the past i used to go to boards trying to see whether i would buy shares in those companies and would lay the pros and cons out and get into a peeing contest and garnered lots of hate--when deciding as you are walking into a lions den of those who like us want the best for our holdings--i have long since done anything other than read the boards see what is going on and do my best to buy in shares--any company i don't have any interest in i simply don't go on their boards at all whether to praise which i once did or to hammer which i once did although I do cross compare like to like and will say and question if one undeservingly is trading higher than another but i will do so only on the board whose shares i hold/have an interest in--i have done this comparing CB2 with Legends Power Supply.
I don't care about industry and potential in that way--doesn't matter to me--overall the market is worth this and that should not automatically make that stock more valuable than another trading in a different sector with less overall market potential--that's silly because it is really how much of that market companies actually realize in the end. So what i do look at is share structure--how many outstandings, how many escrowed, revenue and performance--When i crossed compared both CB2 and Legend Power Supply both are equivalent but Legend is trading up by several cents CB2 is finally closing the gap but if both being equal other than one Legends having about 20 million shares it should not trade higher period but it is--the converse should be the case--so yes i cross compare and i have said this on the CB2 boards not the Legends i don't have any interest there--i do this because i am saying if something like this company is undervalued i will give my reasons and give proof--again how they trade results may vary but ultimately if what i am saying proves true in terms of performance than as i have said here there is no way this should not run above .30 pull down the .38 52 week high and possibly get close to .50
I am saying without any doubt when things get rolling here low of .38 ultimately--i am looking for a strike point of .41 plus but i will take the best value above .35--.36 would be a double for me--I used to disclose what i just did about my position (number of shares) what i would do but that landed me in problems so i have stopped doing that but i have done so here to some extent because i am talking very candidly to you and why i am confident--i simply already have my plan in place and at the end of it i will only hold after selling a third of what i have--i will decide when to buy from there and when i will sell off the rest--stays above my .18 and in the .30's i keep--what i do is called raise the floor--if this reaches say .50 i take a 20% drop or .10 so my average cost while being .18 and after the highest point of the run this drops (i would have taken money for shares out) what is left i keep as long as it stays at or above the new floor--it goes down chances are it will keep falling you sell as you can always buy back if it makes sense.
In any case, there you have it--i am not here to play any games those i wish to leave behind but when i come and post i will do so with purpose looking at trends, at performance and if i give an opinion as to what the company is doing right i will say they have been moving well at this point but i will not want to go 100% to bat for them--as i am strategically buying and selling shares--i don't believe in shorting i despise that it even exits regardless of how people would like to rationalize it--but do i trade shares out fast if i see a profit and a run after which most if not all stocks will fall back after profit taking and require to run again absolutely, will i hold stocks absolutely--I try to see if there is a short medium and long game but don't try to force things-- I did that recently to try to get $1,000 out of the market and i am and have been on the losing side of things when selling down a stock i held in majority--
so again, sometimes it is better to take a loss and wait unless you can make monies in the near term but everyone has their own strategy the best is not to be that far down--some take 20% profit or loss some have higher risks tolerance some are just day trading others have mixes of all things--where people get annoyed is on the gamesmanship on the board--well this is all part and parcel of the whole darn thing--it is best not to be involved do your post whether people agree or not fine if things are respectful you answer if not leave people be at least that is what i will do although if i am challenged i will answer and bring my A game if people want to be personal i will not stoop to that level there is no place in calling people idiots morons saying you live in your parents' basement, hope covid gets you just ignorant and disgusting comments no need for them but i will not address people who are in their conflicts that's for them to resolve i have seen three of your posts with your name calling and that is why i am addressing you again take it or leave it for what it is worth--but at the end of the day trust me you are wasting a lot of energy where it could be otherwise better spent, it is out of empathy i took this my time and hope whatever you can get from my experience you keep it in mind.
I wish you all the best don't worry no need to show a lack of confidence in what you are doing when people feel threatened they post exactly what you are posting be stronger than that know that you not anyone else has control over your destiny and know that it is you (general you) that should shoulder the gains and losses as nothing can get in the way of objective strike points--neither management being overly optimistic/deliberately misleading, bad market conditions, manipulators both pumpers and basher etc have any control over your strategy only you have that control and only you have the power to make what it is you are after and keep doing so.
Well, the coming week will be interesting to say the least--shares should be halved no later than the 13th and i do strongly believe we will hear the company is open for business within a few weeks after that--remember i had given a May 27th for the consolidation and my outside date--well we have the 13th that leaves 2 weeks for follow through production news which i strongly believe will be stated again i am not in contact with the company it seems to be on the right trajectory as well as the fact the company i am sure would like to get things going as fast as possible but for as long as covid is around it won't be less than one and a half year there will be a huge need for ppe--so with that the share value has to go up this is way too low--shouldn't be less than around .15 right now consolidated .30 but given that it is that will all change i have no doubts about this otherwise i wouldn't be posting it!!!
Smart money will continue to accumulate and hold for the surge then take some profits because history shows after runs stock values pull back and level off. this will likely level in the .30 after the initial run and should keep that level at the very least--why because this will have far fewer shares than the other companies so it will rightly keep the price point whereas others may be less in the .15-.20 its all about proportion.