Post by
Godfather on Mar 23, 2021 1:54pm
Locked in some profits here
The stock is very over-bought.
Comment by
CriticalMind55 on Mar 23, 2021 2:33pm
Says who Godfather? have you done any comparison to HUT, RIOT and HIVE relative to their earnings, just because you sold too soon, do not justify your actions. you will cost people potentail big gains when they sell too soon becasue they have listened to you...
Comment by
Godfather on Mar 23, 2021 2:44pm
Sold the rest, Too much profit for a 5 day trade, to turn down. I was in at .455 and .46 as posted last week.
Comment by
CriticalMind55 on Mar 23, 2021 3:25pm
Some people subotage success beyond their comfort level; what if waiting for another 5 days made you another .50 cents to a $1 or more?
Comment by
Godfather on Mar 23, 2021 3:31pm
I don't trade for what ifs, i trade for profits. I just used my profits here to buy HODL at .29. Rightly or wrongly, that is my choice.
Comment by
Stanny on Mar 23, 2021 11:56pm
we all have our own styles of trading. For me, someone told me about this one around .28 cents. I did my customary 20 minutes and bought some shares. Mo a big trade. Went up a bit, doubled my position. And now i have sold half my position, and my money is off the table. Free trade from hereon. Best of both worlds
Comment by
CriticalMind55 on Mar 24, 2021 7:57am
It is all about right timing, one can pull out his/her initial investment at any time, do you do it when you are 100% up or 1000% up? if you sold your 100,000 shares at .28, you would have left $81,000 on the table at yesterday's close price of $1.09. ((1.09-.28) X 100,000).
Comment by
CriticalMind55 on Mar 24, 2021 8:00am
Further more, when NDA is at $3, your opportunity cost will be $3-.28 = $272,000! given that you sold 100,000 too soon...
Comment by
Godfather on Mar 23, 2021 2:47pm
I will buy back if there is a pull-back. If not, good luck to you guys.
Comment by
Adwari on Mar 23, 2021 2:54pm
We may just have a pull-up instead of a pull-back for now.
Comment by
Godfather on Mar 23, 2021 3:04pm
You could be right. However, if it pulls back to where i think it will, i will buy a significantly larger position. Had 140k on this go round, would like to have 200k for the next move.