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Friday, November 10, 2017 2:22:01 PM
You had followed the stock for months while it was trading in the .001s. You bought a million shares because it had a low float and sold it for a couple hundred dollars in profit and you were proud of your trade because you had thought the stock would be dead after you had sold. A couple days later, the stock ran from .001s to .08 in 2 sessions. You felt so sick to your stomach and thought to yourself "Damn, I could have made $79,000 if I were to hold on to my 1 million shares that I had earlier". Now, you really want your shares back but even with the 75% pullback from its peak, the stock is still trading 10 times higher than where you sold. If this had really happened to you, I understand how sick you must have felt.
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