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Re: 10baggerz post# 603386

Wednesday, 06/21/2023 2:35:06 AM

Wednesday, June 21, 2023 2:35:06 AM

Post# of 700007
Thanks! I had decided to starting buying again at end of April when the price stabilized at just below .50. I used to be able to start an xfer from my bank account to e*trade and get immediate credit but now they delay the availability of $ for 4 days. So I just got the cash the day the price started moving off .50, at least I was able to catch .53 on 10k shares in the morning of 5/3 the day it opened at .49 or .50 and closed at .60. I had some more cash dribbling in after that and was able to buy most of the rest at .60, though I did buy a few tho for .61.

In light of that the current pullback obviously doesn't thrill me but I think news is near and we're more likely to see .70 again and not very likely to trade back down to .50. I don't doubt that this is a great entry point. If I had more cash I might try to see if it gets into the low .50s again. OTOH, there is now much more risk than when I picked up my shares that one might miss the boat while one waited to confirm a trading low and instead have an announcement of MAA application made one day while waiting for a still cheaper price and then see the stock jump by .10-.20 immediately rather than drop another .5-.10 before any news happens. I'm not a trader - don't care about buying at the absolute bottom of the current range nor would I sell any for less than a 100% gain from this level and would prefer to hold for much more than that if I can.
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