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Re: scubabum post# 36093

Wednesday, 03/16/2022 10:13:32 AM

Wednesday, March 16, 2022 10:13:32 AM

Post# of 46133
Understand! Yeah the one example was a little loopy. If I'm remembering right, it was essentially "I bet 10 grand on this company, then sold for a $1,200 gain, then bought back in at just the right time." This is a paraphrase based off of the terms of the buy and sell of that particular trade.

Who knows if it's true, but it just seems odd to put down 10 grand in hopes of winning $1,200. People put that down in hopes of going up, say, 200%, then selling half for a guaranteed victory, even if the company goes bankrupt, and letting the other half ride for free shares.

Everyone has a different philosophy, but yeah there are always these ones on here who seem to have miraculous timing. They sold at exactly the right time, then bought back in at just the right time, etc.

We find out about these moves after the stock has made these moves - not beforehand. So if the stock goes up: "I held everything!" If the stock goes down: "I sold at XXX and made $5,000, now I bought back my shares at (current low price of day)"