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Re: CommonCents3 post# 21240

Tuesday, 10/17/2017 8:28:14 AM

Tuesday, October 17, 2017 8:28:14 AM

Post# of 33246
Disagree 100%. I sold 400,000 shares for an avg. of .1075. That's $43,000. I can now buy 600,000 shares at .07 and have $1000 in my pocket. OTC's are not made for watching the price run up and then come down over and over again. They're here to trade and that is where the money is made. Buying and selling the highs and lows. If and when the earth shattering news comes I will buy a lot... on the way up. Number one rule. Never average down on an OTC. Buy into strength and always sell on the news unless that news is so earth shattering, buyout for 2.00, publication of the results in a highly respected and published medical journal for all the medical profession to see etc. Unfortunately this news was not that kind of news.

Still looking for re-entry in the .05 range. No new news and it should get there in the next couple days as the left shoulder forms.

It has also been my experience, in the OTC's, that most people claiming to be long and strong, that hold very sizable positions, are not as long and strong with all of their shares as they say they are. How do you think they built those positions to begin with.
Volume:
Day Range:
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Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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