This stock went from 20 to 50, in one year, the last time it blasted off to space. The way I see it, buying in the 20s is fine if you plan on selling in the 40s. Yet, if you are just looking to make a quick buck or two. . . I'm in it for the long-haul. Even the options I AM NOW BUYING are for over a year in duration. Whatever the case, you would have had a double on your hands if you had bought this in the teens. . . Calling 19.95 the teens is simply LAUGHABLE. Round it off and you have 20, not the TEENS JOE! But, hey, have fun! Chow.
I just ramble on this board, anyhow. On any of the other boards I have purchased stock on. . . Oh Lord, help us all! I don't write on those boards, because those guys or gals can't even hold a logical conversation. I bought TSLA in the 40s. . . I NEVER IN A MILLION YEARS EVER THOUGHT I WOULD BE SELLING A FEW MONTHS LATER IN THE 100s. I'll take my double! If I don't lose money, it means I have made some. That is all fine with me. I'd rather win a football game by one point, than lose by 100. But, I could care a less if I win by 1 or 100. A win is a win! If you get all into HOW MUCH YOU WIN by you will eventually LOSE. I'm not into winning. . . I'm into rambling. . . ha ha ha! Have fun!
Understood, History. Timing the market is a fool's endeavor and I'm probably guilty of it. This time I may have been lucky. My previous basis was low enough to harvest a very decent gain in a tax-deferred account.
This time I bought a smaller holding and won't have as much exposure as I did before.
In either case - Good Luck and Cheer to you and fellow BTU Longs,