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Re: Tiger Money post# 1429

Wednesday, 02/16/2022 2:07:47 PM

Wednesday, February 16, 2022 2:07:47 PM

Post# of 1835
I can’t even imagine putting that amount of money into one penny stock, much less an illiquid, low floating penny stock…. Where you will almost never be able to move that kind of money without a miracle.

When you trade a low float like this, you certainly have to know when to cut your losses quick if it goes the wrong way. But the most important thing is looking at the actual dollar volume outside of catalyst days… to see if you can move that kind of money before you put it in here. I’m sorry to hear that but I don’t know what to tell you because this could be dead forever or something could merge into it tomorrow. I will certainly never tell you to average down because you may just be throwing good money after bad.