RE:Baytex – Investors vs Flippers & VolatilityJeez, usually I like what you write. Anybody can back date trades and say this is the way to do it. And to say the only downside to this strategy is if the stock moves higher, really !!What happens if you buy a stock with this strategy in mind and right out of the gates the stock price crashes, massive downside. There is no pure strategy out there that works if there was we would all use it and be rich beyond belief.
Buy 10,000 shares at.35 cents sell at 9.00 rebuy at 5.50. This would of worked but my crystal ball was broke at the time.
Mostly just trying to protect others from thinking it is as easy as you made it out to be.