Post by
ScarletSpider on May 03, 2022 9:05am
All Hokey Pokey To Me
I read a few peoples analysis and people can try to make sense and justify things. A few have said because there was a bull market for some time and the conditions were overbought people pulled money out in August of last year which is true. These people knowing the effects of the surrounding conditions of supply shortage and inflationary pressures along with the need to cool them by raising interest rates as mentioned took out their monies. BUT here is the thing do any think people like Sachs and the banks financial institutions look to put money in the same damn stupid things they offer us which is less than a lousy percent? These guys will be on the buying spree getting cheap shares and as usual buy in volumes sell on what slim margins in tight economies that they can or simply buy distressed assets and boast how great they are when they leverage with everyone else's monies. Folks the world goes on it doesn't stop not as much as it has ever done in recent times as due to the lockdown. Bottom line to me is it is useless to sell asset classes that you hold unless you have too much money in them which should not have been the case in the first point. Sure people don't want to lose profit and this is why it is always prudent to strategically trade and take monies out. My plan is simple I leave and hold what I have if I like where things are going with companies and for the most part I do BUT next year I said if things are not measuring expectation wise meaning certain key things I expect from each of the companies I will likely trade them out. This company regardless I never had plans to sell and yes I want to keep moving up because as I said even prior to all the debenture it should have traded over a buck a long time ago. If people wish to keep cutting shares here fearful of the market what can I say. If this falls to .30 or less it makes my possibilities to buy even that much better than staying at .60 plus. Am I happy of course not BUT this was a strong consideration after all however if my other two stocks gained to a point where I could again exchange out or they gained and this kept losing closing the gap I would be hard pressed to exchange out again as I have counterbalanced my risk with those to with these so I would probably not do anything. In other words this becomes stupidly cheap instead of adding to one of my other two or cheaper stocks I add here because I will take that risk with the injected money but keep my counter balance the same. I am not thrilled about this I call it all artificial and when those who pulled the monies out already cry and whine up rates that is disgusting and pathetic. I don't hear retail shareholders do that pretty sad and low. Actually it hurts the everyday person huge especially in housing so when the f'ing banks whine give 0 to everyone else have all the advantages leveraging with everyone's monies and whine I am like you twits how do you think everyone else feels stop winning and buckle up but these greedy people do every damn thing and give people 0 in return. That folks is how rigged everything is BUT we don't cry and whine we find ways to beat all the odds by doing what should be done you see profits take it wait a bit hold and see where things are going reinvest but hold cash to for cases like this. Sachs said consider yourself lucky if you hold level. There is word that a recession will come either late 2022 at the earliest or 2023. So keeping all this in mind either people will wait the storm out or reposition. That said to me it never makes any sense whatsoever to pull all monies out of the market and get 0 returns on your dollars BUT also not to over extend your asset class in the market while taking profits faster losses sooner what we should be doing anyways but especially in bear markets the bull looks to be it and could we have expected anything else. The killing blow is Russias Invasion it was tough enough coming out of the lock downs and deal with the pandemic and trying to get back to precovid levels which people already said and projected it would take a decade if not more BUT the world and progress can't stop. Anyways trade smarter is the only thing I can say. Holding all your stocks never a good idea as this type of circumstances is case in point doesn't matter if the markets as a whole crashes every 5 to 10 years or things are on a bull run one wants to be ahead all the time not behind trying to just break even and then catch up at least I never do. Like I said things are where they are I will look for ways to succeed not excuses not to. I posted only because this folks is the reality and to understand things and how to address them simply answer will always be manage your shares strategically systematically and smartly build your wealth protect yourself from massive hits by frequently pulling monies out having cash in hand while holding stocks as a core position longer term don't overextend assets that shouldn't have been in the market BUT don't pull everything out at a loss reposition and manage assets as though in any other market conditions there will be enough volatility to do so to take things on the run any condition I feel should be managed the same. Only difference is how people view them but if you use trigger points and taking profits really doesn't matter market condition.
Comment by
Malton1 on May 03, 2022 10:32am
Scarlet you need to stop worrying about the reason people sell. You seem to be upset that people are selling shares. Remember where you are. This is the venture exchange. This is a gamble no matter how much you believe. Honestly you are no better off here than you are in Vegas rolling the dice.