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Re: Dibbs 1 post# 45594

Wednesday, 01/16/2019 1:21:05 PM

Wednesday, January 16, 2019 1:21:05 PM

Post# of 53697
All true Dibbs. Hindsight is 20/20. Those that sold at $5 or 6 were clearly the smart ones. But I would still argue that they are/were really only smart if they have already bought back their position.

It also all depends on perspective and timeframes, expectations, and size. If one buys 500 shares of VTSI today at $4 with the hope of selling at $4.50 by April 5th then they are almost 100% certain to come out of it feeling good.

That said, I would argue that anyone playing flipper with VTSI shares is a true idiot. It is not liquid enough and spreads are too large. Use SYMC or SO or BAC or 1000 others for this purpose.

I own VTSI and will continue to do so because I believe it can get to a market cap of $1billion within a decade of now. That would be a stock price north of $100. So, while I P and moan and whine and complain and quibble and parse about $3 or $5 or $4 or $7, I truly don't give a rip about those sorts of numbers. I am here for the possibility of a home run.

I get my trading fixes from many other stock positions and my rush for the deal from my real estate transactions. The number of times I have been in/out of SYMC since October would make your head spin. What an ATM that one is.
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Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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