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Re: Farmer-Joe post# 992

Thursday, 04/23/2020 11:30:54 AM

Thursday, April 23, 2020 11:30:54 AM

Post# of 6098
Farmie, hypothetically, let's say you bought at the open today (.9212) because you thought - oooh today is the day it goes over a bucK!!! Patient Janey bought at .761 2 days ago. We both invest $100k. You buy 108k shares. I buy 131k shares. I buy 23k more shares than you. Its at .8425 right now. You've hypothetically lost almost 10%, i'm still up over 10%.

Is the patience worth it? Have a strategy!!!!

Right now, i think it will be sub .80 again before it goes over 1.00 so i have a GTC order in at .781, and (trying to do some fancy chart reading) another small GTC in at .631 to catch any stoopid dips.