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But, there was nothing wrong with my strategy

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OBE Member Level  Thursday, 01/12/17 11:10:04 AM
Re: biglued1 post# 2353
Post # of 2400 
But, there was nothing wrong with my strategy



I scaled-out (and you can tell from the dates of the sales) it took a while.

As you can see, the shares weren't being "ripped from my hands."

I sold a total or 3,130,000 shares for $9,101.79. That was a $5,421.71 PROFIT. I sold the last lot @ a penny but the stock retraced to as low as 0030. One never knows!

This was a solid exit strategy. As with any strategy, who knows if a stock is going to go UP or DOWN.

And I am not SAD, merely mentioning the fact, for posterity, that I could have made much more.




A .0045 stock will go to .045 a lot easier than a 4.50 stock will go to $45.00
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