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Re: scubabum post# 36090

Wednesday, 03/16/2022 10:04:06 AM

Wednesday, March 16, 2022 10:04:06 AM

Post# of 46185
Exactly - this is the huge risk of selling way, way too early. The only way you'd make incredible bank here on sell the news is if you have like 50 mil shares at .0004. Who is going to make bank buying at .0009 and selling at .002, unless you bet a hundred grand? Very, very few people make big money constantly flipping. For every few you flip, there are some you buy that go down, you wait for it to return, and it keeps going down and dies down 90 percent. Plus with the flipping, you're constantly paying commissions, high capital gains, getting hit by washout rule, etc. Your taxes are an absolute nightmare.

IMO, the way to win is buy down here, and be extremely patient. Don't be bullish at 9am on a Tuesday and start bashing at 2pm the same day after having sold your whole stack. You'll be on blood thinners by age 50. :)