InvestorsHub Logo
Followers 34
Posts 2577
Boards Moderated 0
Alias Born 09/22/2015

Re: nfp post# 258

Wednesday, 03/08/2017 6:49:54 AM

Wednesday, March 08, 2017 6:49:54 AM

Post# of 342
I will say that this sort of proves that holding for some binary event is usually not worth it.

As you can see, someone could have bought at $0.70-0.75 after the court announcement.

This means for someone buying at $0.35, they had a 100% gain.

However, if the news was opposite, this likely would have gone to $0.10 if not lower, thus a 71% loss.

Kind of crazy that we risked 70% to possibly gain 100%

Of course, I feel we should go higher. My point is that holding through all that was probably not worth it.

Binary stocks are not worth the risk. Better to wait for the news and then act.

There are probably people on the sidelines who want to buy-in now that the news is out.

Again, the 8-K gives this some official weight and I believe we should trend higher.
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.