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Re: dtdude post# 111147

Thursday, 09/28/2017 11:47:07 PM

Thursday, September 28, 2017 11:47:07 PM

Post# of 255624
The way I see it why would you not flip a stock if you can sell lets say for .20 and buy it back at .14 or .15 that afternoon or the next day and accumulate 25% more shares when you know the company has amazing fundamentals. Being long is good for great companies but I have learned no matter how great the company is if the stock goes up 40% back to back for 2 days or more 99.9% of the time its coming back down at least 25%. Actually its been 100% of the time for every OTC I have owned.

Plus I'm realizing there is only so much money to go around total in the OTC and the majority are flippers and day traders. So, they know where the trend is that day or week and that's where smart people will be putting their money.

I was up $5,000 in one day 2 0r 3 weeks ago and didn't sell like a moron. Then it all went south to minus $1000 within 2 days. Bitcoin stocks. Then it was suspended. So that hurt bad and I'm learning to be careful listening to many on ihub. And, Sell that $hit!

I'm still learning.

My posts are my opinion.