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Re: Dogwoof post# 12691

Monday, 06/19/2017 9:46:43 PM

Monday, June 19, 2017 9:46:43 PM

Post# of 30141
I never said I "called" it at .005, just that those were the cheapest shares I purchased back in January

I bought most of my SIPC shares closer to the .01 level

SIPC had terrible liquidity and very low interest in January, and that, along with the fact that they hadn't yet launched their hemp beer (it was delayed) were the main factors preventing it from meeting SALAMI criteria earlier in the year, which it why it was announced in March, after those negative factors had abated

Since I take pretty large positions, I typically accumulate over the course of several months, as was the case in SIPC, along with MCOA, AMMJ and CNAB

The only one I accumulated within a span of weeks was MJTK, due to its outstanding liquidity, and that is why my cheapest shares in that stock matched the "called" price

I pride myself on buying bottoms but since my positions are large and take time to complete, I think it's fair to use the lowest priced shares I own as the measuring stick

Sleek

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