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Re: 1nv3st0r_Gadg3t post# 5225

Tuesday, 04/10/2018 7:10:28 PM

Tuesday, April 10, 2018 7:10:28 PM

Post# of 6602
Back when this R/S and was at $7 and sliding, rather than dollar cost averaging down I set stop losses to limit any loss and then waited a bit, letting it continue it's slide, then bought back in and set stop loss, it stopped out again, I waited a while, it kept sliding then I got back in. By then it was in the 1.20-1.40 range. I bought in at 1.18 and when it double it got out, waited for it to come back down, got back in at 1.18 again and doubled again and got out. Then bought in at 1.00 and then tripled my shares during the rights offering. My intent was to hold long but when it spiked to 4.00 on the Ford article (not really much behind the move) I got out because it rose too far too fast. I have been sitting on the sidelines since waiting for a specific entry point. I thought we were headed toward it but then the tweet came out (again, not much behind the move) and the stock jumped again.
I have since decided to raise my buy in price because I am begining to strongly believe the 1.40 level has too much support for me to wait for a lower price. I hate being on the sidelines with this stock.
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