What is the time limit for? Or maybe how is one's time limit determined for speculation investment?
Are all Speculation Investors....... "Baggers"?
I think that has to be determined up front by asking the question....If this thing gets pushed down to .40 by Sellers...... only for lack of positive events, am I willing to buy more?
Or..... If I'm still sitting in this thing 2 years or 4 years from now, am I ok with that?
Now were talking true speculation investment here, not some quick hoping for a homerun in and out. That's different, and likely riskier in my opinion, and no one can honestly be mad about that not working out. You might as well roll the dice
Yes, I get that, but there has been MORE than ample opportunity for him to display confidence in his own work and promotion on RedChip.
Maybe he thinks he will be able to get it cheaper than $0.75 -1.00
Glad you were able to come to grips with this and move on. Since it was a source of frustration, moving on should give you peace of mind
Anthony buy some shares with an open market purchase and his own money!!
Honestly.... Why hasn't he?
I'm about $1.20
The lower it went, the more I bought, I have a fair chunk, but not 20k shares like others
Dipping slowly allowed me to take advantage of some lower prices, at least thus far and relative to its history
If this thing went to .10, I would probably double down.
I don't see a danger of bankruptcy with this company. Maybe I'm wrong tho?
Historically, my mistake has been not hanging in there more than bailing and moving on to others
The worst strategy of all i think is chasing.
But I'm not a day trader, it's not my primary job, I'm not here for a gain of $250, and its not the only eggs in my basket
You're in, you're out, back in, back out, on to bigger and better movers......This stock is driving you nuts
You're reason for moving to was to make that 5k back elsewhere, and it sounds like you did that
That's what chasing the market is all about. When all is said and done and after all the madness, you're about even.
If "you decide" to get in this, you put it in and check in on it once, maybe twice a day. You do it with an amount your comfortable having tied up. And you need to be ok with something not happening for a long time. The idea when it does finally move is like what happened when it exploded previously. If it goes down to .40, you double down. If you're not willing to do that and you want to chase movers, then you don't get involved in the first place, or you get out and don't come back. My idea is that this .80 cent stock hopefully becomes $15 or $20 some day. Sooner is better than later, but the market is a beetch.
One thing I would bet you for sure…… if this is not sold on the cheap, some day in the next 10 years, this will make a big move again. and the wait will be worth a 2000% move.
IMO…...The sitters get the spots. This is not volatile enough for those who like to keep driving around relying on lucky timing….., and the court system is painfully slow and drawn out
To go back up would be some nice strength
But this will naturally get hit by Shorts, and selling by all the investors who have been complaining here that its not going up fast enough for them, or happy with $1.07. They should be selling too so they can go find a stock they can invest in that they don't have to complain about
Dumping the stock as much and as quickly as they did on pops should have been a sign of what was to come.