Post by
lightstock on Feb 03, 2021 2:19am
Long time trader, first post
Hi everyone.
This stock is poised for growth.
Feel lucky to have stumbled on it.
It may need some encouragement to get it to a healthy level.
May I suggest for all here that are shareholders, what do you value the stock as being worth and what would you be happy walking away with?
Now take your answer and increase that by 50%.
Now post that as your ask price, have it expire at the end of the week, and if the stock increases a lot by the end of the week, bump it up again the next week - repeat.
If you think institutions don't use their position to influence the market, you haven't been in the game very long.
Stating the obvious, the market price of a stock is dictated by what people want to sell it for and buy it for.
List your shares high, expecting them not to sell.
Trading software will pick this up, investors will pick this up, all of a sudden momentum will be attracted to this stock and will encourage it to its true worth, and all you have done is clicked some buttons to give visibility on what you deem the stock to be worth publically.
Comment by
gianfranco1 on Feb 03, 2021 9:39am
Nice post. I agree 100% with you, I had mine set for over a year now.
Comment by
lightstock on Feb 04, 2021 1:04pm
Hi everyone In case there are others that are following the strategy here. This would be the point where you now go back to your sell order, re-evaluate a higher sell price that you would be happy walking away with, and again increase it by 50%. Good luck to all. Andrew