Wednesday, May 22, 2024 12:22:01 PM
Although, it seems like the stock is headed higher, no one knows for sure. So why pay more?
When the stock was at approximately .038 - .04, I had a buy order in at .025. so not sitting at the bid, but significantly below the bid. It took two or three weeks, but filled an order of 100k+. Penny stocks are volatile and there are always sellers, if one is patient.
Buying up to .70, as some here have suggested, could still be profitable, if it runs into the $1 - $4 range. However, building a position of 500k- 1 million shares, on the cheap, can be very rewarding. One could sell at .70, (while others are still buying) lock in nice profits, and buy back in and play with house $$, if it continues to rise.
Lots of different strategies. Doesn't mean any of them are right or wrong. Everyone has to do what works best for them.
In my opinion, if it's profitable (doesn't matter whose idea or strategy it was), then it was a good strategy. That's the benefit of the board, to hear the ideas and opinions of others. Everyone can benefit from that, if they care to.
Good luck!
Recent WDDD News
- Form 8-K - Current report • Edgar (US Regulatory) • 10/01/2024 01:27:19 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/14/2024 08:16:29 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 05/15/2024 08:47:52 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/15/2024 12:00:25 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 12/19/2023 09:30:21 PM
ZenaTech, Inc. (NASDAQ: ZENA) Launchs IQ Nano Drone for Commercial Indoor Use • HALO • Oct 10, 2024 8:09 AM
CBD Life Sciences Inc. (CBDL) Targets Alibaba as the Next Retail Giant for Wholesale Expansion of Top-Selling CBD Products • CBDL • Oct 10, 2024 8:00 AM
Foremost Lithium Announces Option Agreement with Denison on 10 Uranium Projects Spanning over 330,000 Acres in the Athabasca Basin, Saskatchewan • FAT • Oct 10, 2024 5:51 AM
Element79 Gold Corp. Reports Significant Progress in Community Relations and Development Efforts in Chachas, Peru • ELEM • Oct 9, 2024 10:30 AM
Unitronix Corp Launches Share Buyback Initiative • UTRX • Oct 9, 2024 9:10 AM
BASANITE INDUSTRIES, LLC RECEIVES U.S. PATENT FOR ITS BASAFLEX™ BASALT FIBER COMPOSITE REBAR AND METHOD OF MANUFACTURING • BASA • Oct 9, 2024 7:30 AM