RE:Too many people are short sighted
g8keeper you can have both. Yes true investors will look for companies that have future growth potential and will hold but I dont think they will hold everything. I have been at this way too long and with a complete buy and hold havent entirely gotten anywhere some companies went bust and I held many for 2 short to 7.5 yrs long. And others took massive jumps and I mean massive 60 times from .20 to $12 but I handled my shares wrong. Many end up consolidating and getting hammered. Now I will not tell people what to do but you know the reality of people driving shares down and ruining the value day traders and manipulators. This stock is trading at less than 1/5th it's high the dilution without strong revenue offset is partially responsible. In any case I had promises in place and I did not move shares for quite some time trying to keep promises and still am . I was a nickel shy of where I publicly stated I would not trade some shares out of a company I fought with myself not to. .95 bought for .20 ever since then for more than 4 months it has toiled less than .30 it still is...I effectively wasted 4 plus months from taking profit and either holding the money waiting to buy back the shares cheaper or buy something else to make more monies. I had traded one stock out mostly for another that continues to unjustly get manipulated heavily down. That stock traded as 14 times what I paid. The stock that got pummeled had I sold on height and broke my promise not to sell until it was $2 vs $1 then I would have cane out 10 times ahead on those shares I cashed in on. Those shares found their way to low .30s where they have no business less than a minimum $1 fair value as far as I see no less than $2plus. But I stayed my hand despite feeling it should be done. My other stock after listing on Nasdaq fell from 14 times to less than 10 times. I hope you get what I am saying to you. These people who do what they do understand and unfortunately create stupid manipulated lows and while if a stock you picked for long term works out awesome but a few things you will constantly get annoyed with people pushing prices down and this will piss you off when you feel shares deserves better it does to me but I am methodical and I coldly calculate. You risk companies going belly up over dilution consolidation repeat eventually leading to just trading shares if company's survive. Dont waste your time thinking only long term way too much risk think short medium and long. Short term if a bottom trigger value price is reached sell a determined amount of shares if stocks go on a run I would highly suggest to also sell determined amount of shares 9/10 times values collapse. Doubling values is very powerful think about selling some shares. Bottom line take profits when they are there hold maybe half a position use the other half to gain control of things because if you dont whether you think so now or not what you have just said you will get pissed. I am a firm believer of laws of attraction more recently even so I will not say to people otherwise time is money. You think that those selling wont be far ahead yeah if done properly yes they will more so than those who wait. Like you said it may take years and no guarantee but if you hit it big you will hit it big but how big 5 million 20 40 million in your life? If you strategically trade and grow 2 times in the year your growth will be greater. Try calculating $10,000, 20,000 40,000 keep doubling it see what you get in the 17th year!!! My suggestion not telling keep half your position strategically use the other half to have money flow whether you sell at gains or losses this gives you not anyone else control as well as less likelihood to keep blaming everyone and everything. Remember time is money. I am after a billion plus I wont get it with low invested amounts waiting 5 to 10 years for companies to hit what I am after. If prices are between my low and high sell points I hold if triggered than triggered follow to the takes away the emotions. If stale for a couple months better to move into something the monies you will work with from half the position you can break it up 20 to 25 percent 20/30 I go as low as 10 percent but it has to mathematically make sense. I also consider if rebuying shares at lower costs to buy the amount I sold and pocket the difference in cash. There are so many ways to trade as long as it makes sense it is there for people to do. I dont recommend what you just said but again not telling just stating why i will no longer do that. Does it matter about being a speculator day trader penny flipper vs being an investor? To me I dont care about any of these terms useless all I care about is achieving a billion plus within 20 years. Remember my example starting with 10k run the numbers if you double each resultant and if I calculated right in year 17 you will be slightly over a billion. That's the power of doubling out!!! People like you from what I read want 10 or more times the bought value and it does happen I have it happen but they hang on and hang wanting more and more to hit their goal a million or whatever yes there is no get rich I fully agree there but people trading are doing and hustling because they know this and they know what happens in the market but if they sell all shares that is if they have them and are not simply shorting yes they will miss on the mother load strike but they take profit every step of the way or losses depending what they are doing. I am not saying day trade pick your points move when triggered and smartly hold your core shares while also equally smartly moving your monies around. Anyways whatever you decide to do good luck this where it is is a safe buy should eventually hit a buck and if the revenues are real strong as I am holding $3 to $5 but it has near 300 million shares to off set against so you would need at least that much in revenue with nothing less than 20 percent gross profit and better EBITDA positive hit net profit overall to get really big share value but being EBITDA positive is quite big in of itself. I like what is built here the total outstanding not too much it risks a consolidation I hope not but this is where at least 300 million in revenue gross no less than 20 percent or lesser revenue higher gross 30 plus so realistically this will likely consolidate...again I hope not let's see how the earnings go!!!!