Longs need to think long but new investors can think really short term and hope to play a gap up only if they want I think.
(I personally watched BAYP resist solid at .0012 and almost sold millions in another stock at .0006 for half the shares in BAYP, instead I waited and got double the shares of BAYP the day before the split at .0003. Now many claimed there shares were locked when trades were happening above .10 post R/S but my shares were never locked. I messed up though because I didn't sell out all the way at .06 when I could of, but I sold and bought a bitcoin stock (so now I have that stream like BAYP now has there 125 West Virginia wells to hope on as a bonus). But most of the rest I sold at .035 (I added those profits to another mining asset) and then left 10% of the original investment that has turned red... And getting uglier and uglier. I then waited like many for this to fall to .02. hoping that I could get back in under, but all the doom and gloom talk came and I stayed quiet and pretty soon I realized I was going to find an awesome price sweeter than I imagined because many lack the comprehension to understand how big this can get. I still didn't jump back in though because I too started to hope that the sub penny callers could bring pps down, but when I saw .0090 hit I thought, this is bottom and I bid 100,000 at .0090. and got zero shares, then went up and got over 60,000 at .0095, then I bought between there and here and I will keep loading. I have a ways to go but I love this under .03 and don't care if I am only one of a handful of people who do, we're wiser than those who think it's a scam in my opinion. But maybe I'll be proven wrong and the symbol will go to no bid, but I think I'm right? Since that .0090 low only 1 trade happened lower (it was for $32) so should I count the 1 $32 trade at .0080 as a lower place I could of got in? No. So if I'm wrong after thinking I'm right then I'll learn why and gain real knowledge. But if I already have real knowledge and you're smart enough to hear it then you'll know that the time to start buying is now before it starts to go up over R/S prices in a hurry. Remember: It's ok to come in a little late after the low and and pay say, .013 instead of .0080, but once it gets back to .05 it will be hard to buy when you know you could of got all the shares you wanted now @ .015. No doubt imo we'll all be asking ourselves why we didn't get more shares when we had a chance at cheaper prices? I originally was targeting to get back in at .018 when I sold at .035, so I can take my time loading what I want between .0095-.0180 and feel good about shares at any spot but I tell ya, it sure feels like this is going up in a hurry with how green my BAYP ticker is/has been since rebuying back in. Since then many have been bummed but I've been watching my ticker change color as a sing the BAYP song. In fact I'm so inspired by my fight song that I might try to get a million shares, I think. We'll see, got a long ways to go from here but I think it's going to be a fun ride people... We'll get far BAYP oil & gas :)
AI
