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Re: dudemeister1 post# 87770

Thursday, 04/09/2020 3:31:21 PM

Thursday, April 09, 2020 3:31:21 PM

Post# of 142154
Traders selling large positions into the high volume. That kept the price down.
I remember $SH#P being treated the same way. Eventually, the price rose as Bulls maintained control.
It may go the same route. If the underlying
premises remain the same then, IMO, price should gravitate higher.
I am just hanging around out of curiosity.
I exited this trade on Monday. My cost basis was 002. If price had continued to rise I would have added to my starter position. Didn't get burned too badly.
I am willing to stay in a penny stock longer due too the high volatility. I don't fall in love and I don't get emotional (at least that is the plan). I just exit.
Have a great Easter and stay well.

"Rise early, work hard, strike oil" J. Paul Getty