Tuesday, March 21, 2006 9:20:54 PM
ie: I bought 20k more at .065, 30k at .06, 40k at .055 and 7k out of 50k so far at .05
I will buy 100k at .04 and 200k at .03 and 300k at .02 and 500k at .015 and 1 mln at .01.
If just a handful of us do that the supply will be completely soaked up and it is inevitable that the pps will rocket at some point.
The trick is, once the rebound has started 1) buy more to round out your position 2) walk away and DON'T BE TEMPTED TO SELL TOO SOON.
You are taking BIG RISKS and should settle for nothing less than BIG REWARDS.
You'll know when it's ok to get a little seed money back when the volume EXPANDS BIG on the UPSIDE. Be discreet when that happens.
And it WILL HAPPEN. I've been doing this for over 25 years and I know how the game is played.
NEVER sell more than 1/4 of your holdings on a double and 1/3 on a triple. Unless you don't want get the full benefit of the value here. Ever heard of a day trader that made a hundred million? Me neither.
JMHO from experience.
Best of luck to all,
Vic
FEATURED North Bay Resources Announces Assays up to 9.5% Copper at Murex Copper Project, British Columbia • Nov 4, 2024 9:00 AM
Rainmaker Worldwide Inc. Announces Strategic Partnership Between Miranda Water Technologies and Fleming College • RAKR • Nov 4, 2024 12:03 PM
Rainmaker Worldwide Inc. to Assume Direct, Non-Dealer Sales of Miranda Water Technologies in U.S. and Mexico in First Quarter of 2025 • RAKR • Nov 4, 2024 8:31 AM
CBD Life Sciences Inc. (CBDL) Launches High-Demand Mushroom Gummy Line for Targeted Wellness Needs, Tapping into a Booming $20 Billion Market • CBDL • Oct 31, 2024 8:00 AM
Nerds On Site Announces Q1 Growth and New Initiatives for the Remainder of 2024 • NOSUF • Oct 31, 2024 7:01 AM
Innovation Beverage Group Receives Largest Shipment of its Top-Selling Bitters to Date in the U.S.-Ready to Meet Growing Demand from Expanding Distribution Network • IBG • Oct 30, 2024 12:22 PM