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Re: rickyh3832 post# 479

Tuesday, 12/10/2019 11:44:50 AM

Tuesday, December 10, 2019 11:44:50 AM

Post# of 530
If one has the mind set that a reverse split will not work without any documented history for that specific ratio split then they are only cheating themselves imo...In my documented history Reverse Splits from 1/100 and under...yield a profit more times then not...so I will take the chance and buy enough shares where I have more then enough post split to make my goal..I am a contrarian by nature so I attack when others do not...so that has a bit to do with it and I do not fear taking a loss if that is the outcome...

If this was a 1/500 reverse then I lick my wounds and move on but it is a reasonable ratio in my opinion and I have been trading for 44 plus years...

I can list a host of great splits that yielded nice profits...but here are a few with today's symbol that you can research if you like that afforded nice profits...

WBWB...SNPW...INTV...CHFS...EARI...

Like anything else in this world if you put 10 people in a room you will get 10 different answers to your question...so I am not suggesting any trader does what I do because I have no idea of their tolerance level and what their focus is but for me and after much trial and error I have my focus on these types of plays...

Take Profits Relentlessly...Candlesticks the art of learning how to buy Bearish before it turns to Bullish and how to sell the Bullish before it turns Bearish...