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Re: miketrav69 post# 4552

Monday, 12/30/2019 1:13:23 PM

Monday, December 30, 2019 1:13:23 PM

Post# of 7489
I'm not arguing that someone couldn't make significantly more $ trading RCEL as opposed to buying/holding. The point I'm making (which your post highlighted) is that it is near impossible to time the peaks/troughs to do so, which is why trading isn't necessarily a better strategy than buying and holding assuming you see the stock being notably higher 1-3yrs out (as I do). Depending on how much of your position you are trading, a re-entry target that never comes could mean lots of missed $$ gains. Example would be the countless traders that watched AVMXY go from $2 to $4 in 2 weeks in March that sold expecting a chance to buy back lower... that opportunity so far has never transpired. Will we see your $7.50 target again? Maybe, but maybe not.
Volume:
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Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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