Followers | 360 |
Posts | 10551 |
Boards Moderated | 1 |
Alias Born | 08/14/2014 |
Friday, May 27, 2016 9:13:21 AM
People are not necessarily "averaging up" when they buy more.
Many are simply ADDING - like myself.
I added 1M earlier this month, and would have yesterday if thats when my funds became available.
Like ajohnke said: Buying at .045 or .05 really means nothing when you are making a play for .10+
Yes you can acquire more shares at .045, but without a properly functioning crystal ball, the name of the game is to get in when feasable.
Many people didnt have the guts to buy in the lower .03's. The volume speaks to that clearly.
This game is about LEADING or FOLLOWING
Most people around here FOLLOW, and they followed the BUYING thats happened since 5/19. Simple as that.
I dont think many here are looking for trading advice from strangers..
Nobody really trusts anyone here - Look at some of these guys who claim to be long but shout about the share price all day when we are down, then dissappear when we move up....
I think they want their internal thoughts to be confirmed by others. The people who can best put those thoughts here without sounding professorial, or biased get heard most.
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