Post by
ScarletSpider on Jul 14, 2022 3:05pm
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releases and of tech there are 2 companies I know of that have traded high and still are that do well but are quite volatile ntar and fobi that I recently mentioned. Fobi went as low as .49 dropping from 2 days ago .60 or so and today two news releases and climbing back up to .53 that is 4 cents off the low up. This one will continue to disappoint without anything out so there are a few ways of handling it buy and hold and when up the way I will do flip some conserve and keep building the core. I will not do it any differently anymore. In any case i thought to reiterate these two tech. I am too low in what I can work with money wise it doesn't make sense with too few shares for me to go after any of these in the same way for buying more axe shares. I am keeping my targets to .01 to .10 buys and may consider this at .10 to .15 or mrs for a little more as I bought up the other two I was very interested in yum at 4 cent plus and rsf 2.5 cents. I am eying Delphx but it is at the same price as mrs. If I want to tie myself up with that given I will buy really few shares I can and then grab more chunks or strategically keep to the 4 this mrs yum and rsf and wait for the bounces trade some hold some build the cash and shares which is where I am leaning towards because holding a start position doesn't make as much sense as adding where I can hold enough and trade out enough to get capital flowing while systematically continuing to build my cores. I find it is all about intent and strategically building it out systematically and that is what I will continue to do while waiting for my supposed ridiculous values. There has to be a pragmatic near term approach to be able to look further out. In any case I am following ntar fobi and delx duct is another one I like. If I find others that may be of interest I could make note from time to time but that keeps me away from fulfilling my getting off the board promise. Odd is still a great one it looks to have leveled off high .40s low .50s. Lots of cheap stocks but you want things that have actually done something and which look stupidly cheap. Yum to me compared to its peers looks to be. Remember I am focusing on a possible double within a year I think that is a great target feed the rest and build it. I can't say much as to where I am I am not super happy but given the market condition if you are green you are doing extremely well if you are 10 to 20 percent down I would say ok but not where I would want to be however I am sure there are people more than 40 percent down. I am not someone who likes to be in the red at all regardless of how much the values shift with the turn of the market which if we head to recession is years our best to take whatever near term gains you can grab with whatever amount of shares you decide to get them while waiting just my two cents but again if you feel buying and holding everything is the way to go then do what you think is best. Losing money while it is there looks more and more silly to ne each day just saying and that is why I took the profit on some here spread the risk and still came out with 500 more shares even though I gave 500 to do what I did. But you have to think that allowed me to keep my 2500 and add to it far better if I see as I do long term so called ridiculous prices to sell from what I am trying to hold core up to $5 a share 2500 shares. At $5 I will likely sell 1500. In any case a strategy with intent is there so I keep holding as much as I can taking and using enough to keep cash and build up of shares. I think my next buy comes down to either this again or mrs. Mrs has always made revenue this has not but this despite the horrible sentiments is still stronger than mrs which is now .065 more. Both in my eyes way overcorrected but hey I act according to the market now with my newly moved into aggressive or rather somewhat aggressive trading game...the core will still be left as desired.