Friday, October 13, 2017 8:47:35 AM
Joe asked me a question the other day about being a long.
Am I a long since I don't short that stock, I don't sell something I don't own.
Lately Joe bought at 0.031 and sold at 0.055. Is he a long? absolutely and as a long, he can sell and enjoy the profit. He sold shares he had in his account. He is not a short.
Now this week he bought ( back... if you wish )and he is a long again, and plans to keep it over the weekend just in case of the famous IMMINENT theory.
So the question is: what about that accumulation?
Joe bought 100,000 shares, sold 100,000 shares and bought 100,000 shares again. Joe doesn't feel he did accumulate shares. Same amount but he did accumulate money on his account.
Story of a life called a long, simply because he doesn't short.
DOLV is the paradise for flippers, because no doubt JOE flips, however he doesn't keep any shares when he sells because of the pretty pictures.
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