Friday, December 13, 2019 6:10:46 PM
I thought we would have seen $0.50 here, and that's why I missed selling anything. At the end of the day though, I had multiple 10 baggers this year, and when your initial purchase is $5k or $10k a pop, it's pretty easy to be profitable year over year even with stocks like GNCC that flop. In my opinion that's the only way to make real money in penny stocks. Find plays that aren't diluting, load up when there is a story with updates expected and hold for those 10-20bags. You might lose 5k a few times, but you'll catch that $50k trade that makes it all better. Plus if they aren't diluting you can wait it out till the next pop and don't have to lose money. Actually, some of my dead stocks have been my largest gainers. LRDR I was holding for years at .0003 average and that went to $.04. That was last year and I'm pretty sure I made $46k on that and still have 2M shares with a very low average. Prob will sell next pop over $.01.
"Everything in existence is based on exact proportion and perfect relationship. There is no chance in nature, because mathematical principles of the highest order lie at the foundation of all things. There is nothing in the Universe but mathematical point
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