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Re: wow_happens28 post# 461

Wednesday, 06/08/2022 5:47:34 PM

Wednesday, June 08, 2022 5:47:34 PM

Post# of 519
Yes, BABYF has been basing for 6 months, but I figure no sense fighting the overall market. It's risky with all the entrenched macro problems, and the periodic rallies will likely turn out to be traps. Could try to trade the rallies, but otherwise the sidelines seems like a logical place right now.

Fwiw, I'm figuring the S+P 500 could eventually get in the 3200-3600 range, and then I'll probably start to dollar cost average back in.

GL with RIBT. Just curious if you plan to keep it longer term, or use the strength to exit? I don't know enough about the company to have an informed opinion, but have become wary of microcaps in general. Fun to follow, but treacherous to own :o)