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Re: Bullish Green post# 34004

Thursday, 10/05/2017 7:49:16 PM

Thursday, October 05, 2017 7:49:16 PM

Post# of 61762
Yes Max, we should all be setting stop losses. Unfortunately some brokers don’t allow stop losses on otc or pennies, I.e. fidelity

I set mine to trigger on break of support. Some otc trade wildly so that could still be a pretty big precentage.

Noobs or not plenty of people I’ve talked to online are down 50-75% on this POS.

Without an 8K on actual contracts, and with ongoing dilution those losses are only get bigger as ppl continue to hold. Averaging down will make the perceived percentage of loss look lower, but will make the actual $$$ amount lost higher (throwing good money after bad)

Now that ppl know the truth about omvs, as many have posted, and many former bulls have turned bear, ppl have stopped averaging down, new people have long stopped buying in. Volume is down. Given it takes more volume to support the higher float, pps will continue to drop in the lack of volume and increasing share count.

Good to see you posting here Max, I’m sure you came out ok on this one
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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