Thursday, September 25, 2014 2:38:11 PM
If you are planning to buy more think about this:
If you not slap the ask but support the bid for a while. Let's see how strong everyone really is.
In other words, you could divide out how much you want to buy into smaller amounts. Just as an example, let's say you are going to buy 100K more shares (not suggesting, just using as an example), then instead of slapping the ask for 100K, put 50K on at 20 and 50k on at 22... That pads the bid and if someone does (disappoint us and sells) then at least you are getting your shares cheaper. It also tells us how strong we can be. You don't want to make the bids in smaller volumes than that probably because commissions would be to much of the percentage.
I bid sit when I want to enlarge my portfolio in this "waiting stage", and slap the ask as we start seeing volume.
I would do what I am suggesting but I am already as heavy as I need to be in SEGI and there is still a good possibility someone may slap the bid in the 20's. Then my portfolio would be lopsided. LOL
Please remember, if one (you or anyone) cannot afford or does not want the risk they should not offer to buy shares. I am not suggesting this for anybody, it is just my way of thinking.
SEGI
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