Tuesday, August 01, 2017 5:46:07 PM
First, find a company that looks very good as a 10-bagger. They happen quite a bit. I do this with trip zero stocks regularly. I have over 15 such stocks now, one being BVTK.
I try to buy 1M shares of each of these, if they are trips. The trick is to buy more than you want to go forward with. I'll explain.
So, for each 1M shares I want to go forward with, I buy 1.25M shares - that's 25% higher than I need.
Figure out at what point a 500% gain is. I'll do an example below.
Set up an automatic sell of the extra 25% at that 500% point, immediately.
You have just recovered your investment, and still have 1M shares riding free.
In BVTK's case, I bought at $.0008.
Buy 1.25M shares at $.0008 = $1000 - Initial cost
500% gain would be .0008 X 5 = $.004 - 1st sell point
Set the sell for 250K at $.040 = $1000 - Initial cost recovered
Remaining: 1M @ $.004 = $4000. Pure profit, if sold, or let it ride free.
Obviously, you have to choose a stock with a high potential of that kind of growth. In trip zero stocks, 500% is not uncommon. I usually buy 10's of millions of those, plus the extra. 30+M of BVTK, and it's now all free riding. By setting automatic sells, you don't have to be watching constantly, but watch for negative news to hurt the price.
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