Darn, now I'm upset I did not sell a lot at 0.012 yesterday. I raised my limit and encouraged others to do the same, but no such momentum to new highs commenced. Could have bought back today at a penny and pocketed the 20% difference in cost basis.
That is what makes this a dream for those who trade for the long and short term. You can buy and hold, but also buy on dips and cash out on spikes for 20 - 50% gains, if for no other reason than others are, too. I am guessing that the attention brought by making the top 50 bulletin board only added the number of iHub flippers, no doubt more than the three Ben identified last week.
I thought we were done with a penny or less for good, but maybe it was only 0.008 (and perhaps 0.009) that we will not see again. In any case, if you miss-time a bottom, you can always buy more lower, confident that dollar cost averaging will be rewarded, because you believe in the company and the well-regarded management of same.
BTW, a crisis can give and it can take away. You might feel like a war profiteer getting a Covid boost to your portfolio yesterday, but remember, before all this, we were talking about getting a SANDD unit into every California public school. Need for medical devices in schools right now is zero until kids return... in August? ... maybe.
My new goal in life is to be interviewed by Chantel Elloway. When that happens, my comments will be story, observation, opinion, maybe even enthusiasm. What I say will never be instructions on how you should risk your money. Same goes for these posts.
