nicely put, but again, I don't like to get attached to a stock and with UVSE that was my biggest mistake. I first bought the stock at around 0.19 on July 3rd and the next Monday afterward it surged to 0.039. I sold half of my position and kept the other half, only to see the other half return back to 0.020. I used the other half (in funds) to buy more UVSE stock and then the stock moves to 0.030, now presenting another exit point. What did I do that time? I held and refused to sell, thinking that the Lone Oak well would be a success. From there we know what happens: Lone Oak well #1 drilling was a failure, and the stock returned to 0.0105 until today. So what I mean to present is the fact that things are constantly uncertain and will fluctuate. For me, I am still in school and so I am playing with all of my money in just one to two stocks. Sometimes I do well but most times I do not. So the main lesson I've learned is that it's best to trade in and out of of stocks at their highs and lows. And that might sound like the obvious strategy but it's actually very difficult, especially when you're working against your own personal greed and uncertainty as well as one's tendency for over-optimism. So with UVSE, you're right, it is an excellent long term investment, but that doesn't mean you have to just leave it there and let it go on its own. I know most people here work the 9-5 so they can't monitor it constantly, but that doesn't prevent you from setting reasonable limit orders to sell the stock at specific high points and to set limit orders to rebuy the stock at what you think it will return to. So for instance, right now I have a limit order set to sell at 0.024. That doesn't mean that if the order executes I'm done and I don't want anything to do with this stock anymore. It just merely helps me take my profits. If UVSE touches 0.024, my order triggers and I get out with no regrets. And then I set another limit order to buy at 0.018 or something just in case it declines, and so now I'd have shares at 0.018 in anticipation for the next rise. So what I am saying is that just because something is a long term investment, doesn't mean you have to keep your position all throughout. If I had traded in and out of UVSE successfully in the month of July, I'd have about 600,000 to 800,000 shares right now. But I didn't. I held on to the position and held out hope, only to see it rise and fall and rise and fall and negate any gains I could have made.
So even if you expect this to reach 0.04 or 0.40, don't think it will do so all the way up in some string of consecutive green days. It will rise an fall, and if you can sell and buy on these rises and falls, you'll end up with more shares than if you just held on the entire way.
AI
