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Re: King James 1 post# 59566

Wednesday, 05/08/2024 6:55:55 PM

Wednesday, May 08, 2024 6:55:55 PM

Post# of 59975
"Allows me to buy in with a near term upside potential double."

im not sure why you think theres a near term double...many thought there was a near term double at $15 and $12 and $10 etc...recently many have thought there was a near term double since $1.25...hasnt happened...just because a stock has dropped down low doesnt mean it wont go lower...and it doesnt mean it will double either...

what i have suggested 100 times, is why not wait for the trend to reverse?...if one doesnt care to day trade, then just wait for the bottom to hit, let it reverse and then buy when the stock is truly on an uptrend?...you wont be able to say you bought at the bottom...you might even miss a doubling of the pps...but if you buy at a buck and the stock goes to ten as some are suggesting could happen, whats so wrong with that?...is making 6-10 times your money not good enough?...seems like plenty to me...and you reduce your risk immensely...

thats what im waiting for...if fcel never comes back, no problem for me...i dont own any shares...but if it (and likely the whole industry) comes back, then i will buy and ride it up...but i have no desire to buy until i actually see a reson to...beside hope...i dont buy on hope...

again, as i have said a thousand times...it takes a lot of patience to trade or invest in the stock market....but patience should be exercised BEFORE you buy...not after...
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