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Re: 1HandintheBush post# 110840

Friday, 04/02/2021 1:35:53 PM

Friday, April 02, 2021 1:35:53 PM

Post# of 112647
Understood your talking about ultra penny stocks you want perfect books go pay for a blue chip buy and hold forever.

Anything under a dollar you can't be serious about holding long term. Dreamers lose money.

Even at a dollar PPS most aren't going to work out for you.

Ultras look for oversold beat down near bottom of a repeating pattern and you'll do well. I try not to hold anything but free shares (from trading in and out) for longer then a week.

Also avoid chasing bad money with good. Set a limit the hole only gets this deep.

Dollar cost averaging is effective but only if a new trading range has been set, tested and deemed safe.

If you have some ultras not funded with toxic or risky debt I would love to review them.

"I am the wisest man alive, for I know one thing, and that is that I know nothing." Socrates

Hope this helps
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