Lol did I buy shares from someone making a small gain from a week or so ago? Yeah more than likely. I play almost entirely here with profits I make elsewhere... Free money. I don't do this for small income or to make a living. I've already built a position largely on the bid over time, hitting the ask here and there isn't going to hurt me if I want the shares.
A lot of the reason I bought today was because MAXM was on the ask. As stupid as that might sound, I wanted to add shares anyways and the small premium I paid was worth it to me to see if there was going to be an iceberg at .0355 in the future, or if it was just like VFIN and VNDM during the run (100k or so and gone) That's why I chipped away with small blocks first until the size moved (along with someone else... Thanks.) If it wasn't budging, I would've dropped to the bid. I'd be astonished if my average moved much. Generally I only buy at the ask when I have built a much bigger position lower. The entire market can't sit on the bid all the time.
Why have I been slowly adding more? Because I am a believer. Do I believe realistically that this is going to go sky high in the next 10 months? No. I think this is a couple years out. I will continue buying with profits time to time while constantly evaluating whether I like the direction the company is going or not, and make decisions from there.
Good luck and happy trading!
