Tuesday, March 29, 2022 7:59:13 AM
Usually in order for me to hold onto stocks for long term (such as more than a year) I need to also see favorable moves in the stock price over short-term periods, so that my losses don't mount substantially more and more. I believe in cutting my losses (when I have losses) rather than holding onto them week after week and month after month as the losses mount.
A big part of the reason why I initially bought this stock is because I had done a search for stocks making recent huge percentage price gains which looked like they have potentially for further such gains over the next few weeks to few months. I want to make money very fast, otherwise I might as well focus on mutual funds and ETFs. When I found KOMOF it was right after a major surge in price, and I decided I would buy it after it made its way back down to 18 cents.
I realize absolute bottoms rarely can be predicted, but people can sometimes get near to the absolute bottoms and that is what I often try to do.
In posting to this site, it is my primary aim to provide accurate information and good ideas to the readers, for their benefit - and not hype or nonsense or gross exaggerations. I hope I achieve that goal. I also hope to learn by asking questions.
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