InvestorsHub Logo
Followers 239
Posts 6861
Boards Moderated 0
Alias Born 01/21/2017

Re: mfaphoto post# 184229

Saturday, 10/30/2021 8:23:56 AM

Saturday, October 30, 2021 8:23:56 AM

Post# of 220564
Yes, we know SBC is behind NSAV now. It has been a rather slow transition, with JT being phased out and replaced by SBC players.
But I never said I would sell at a nickel...I sell a LITTLE at each step up. I sell in 500K tranches now, but only while it's going up. Back in February, I'd sell 10M at a time while it was increasing in price. Then sells dropped to 5M, then 1M sells when over a penny. I still have over 100M remaining.
I haven't sold any since it dropped back from $.14, but I did sell on the way up - and will continue to do so. No one notices when I sell, because it is when the price is increasing, meaning there is demand for the shares, and SOMEONE has to sell in order for there to be shares to be bought. And I always sell at a limit to prevent the price from dropping.
When the price is increasing, I sell enough at one time to get between $25K and $100K per sale. That will continue until we reach another tier, then I'll drop it down to 250K.
I've pulled out over $2M so far. My partner and I are looking at homes - we each own our own now, and have finally decided to get married and buy a home to share. Then we can sell ours, and pay down the new mortgage.
A typical home here is now over $500K. We're looking at one that is at $800K now.