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Re: StarlingChaser post# 52649

Thursday, 05/20/2021 9:07:31 AM

Thursday, May 20, 2021 9:07:31 AM

Post# of 63455
Starling, I gave the reason as to why I will not own the stock until they reverse split. The price of a stock usually drops after a reverse split and on that drop is when I will position myself.

A few months about I positioned myself in a stock at .01 cent and the price of the stock went to about .03 and the reason I bought the chart looked beautiful and they even posted strong earnings after I bought. About 3 days after I purchased the stock they came out with news that they will reverse split, I sold the next day at .015 today the stock is .007

I invest not to lose money and I rather sell a stock and take a loss than dealing with dead money. I learned at a young age when you learn to take a loss you become not only a better trader, but you become a winner because you learned to cut your losses.
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