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Monday, February 27, 2017 4:14:19 PM
BUT! A long is simply someone who buys with the intention of holding and letting it grow without messing with it.
Not everyone can be a trader. Not everyone can sit and watch. Some just don't have the interest. Some are so confident in the future growth that they don't want to risk having to chase if a PR gets dropped.
Obviously people can make good money flippin' day in and day out. Most "flippers" seem to brag that they make $150,000 - $300,000 a year. Obviously it's easy to lie about your income to strangers on the Internet, but even if they're correct and that's what they earn per year... Then I guess my "strategy" should allow me to earn significantly more... As long as, yes, some terrible news doesn't come out of nowhere.
But, based on everything we know from 8K's -- everything keeps looking better and better. That's why OWCP is the first and only company I've ever went "all in" with. The REWARD far outweighs the RISK in my opinion.
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