Saturday, May 11, 2024 2:24:46 PM
Warren Buffet recommends buying at a fair price stocks that likely have a future, i.e. Heinz catsup...and holding as long as their future looks bright.
I am not a candidate for becoming proficient in swing trading.
I could and still can only afford penny stock investing.
So am going to sell enough Affu if and when it climbs to 5-8 cents or higher, to recoup my investment , then keep the balance for long term growth , as I cannot fathom this 'about -to -be- amalgamation', not growing by a nickel per year sp , which would be about 3x what I purchased it for, and so worth keeping as a growth stock, ala Buffet's strategy.
just selling enough stock to profit the yearly increase from the base sp of 5 to 8 cents at the time of the merger will be sufficient additional annual income for me.
I cannot express how helpful e1 with good will has been to me in getting into the 2 bright future stocks I hold, and developing a strategy of when to buy, sell and keep.
You all have been very generous indeed.
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