InvestorsHub Logo
Followers 60
Posts 4505
Boards Moderated 1
Alias Born 10/02/2018

Re: BabyWhale post# 7878

Friday, 05/29/2020 2:14:50 PM

Friday, May 29, 2020 2:14:50 PM

Post# of 24830
So you have 10 million shares at $0.0076 avg?

That's awesome.
You have invested $76,000 (cost basis) for 10 million shares.

If I were you, I would put in a sell order to sell 5 million shares (half of your shares) for $0.0152.

That is exactly twice the price as your cost avg.
Once those 5 million shares sell at $0.0152, you get your $76,000 back on that sale.

You then are riding 5 million "free shares".
Which is half of your current amount, but still a TON of shares here.
If the stock goes to zero, you have lost nothing.
If the stock skyrockets to at least $0.25 per share, you have $1.25 million dollars.

I would lower your risk to "no risk", and still have "high reward" here.
Don't worry about not selling when it was over 2 cents recently. Forget that even happened.

No Risk - Very High Reward
(is a lot better, and smarter than....)
Very High Risk - Very High Reward (which is what you're at now).

Don't be foolish.
Sell half at twice your cost avg., and "free ride" your remaining 5 million shares. smile

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent OZSC News