InvestorsHub Logo
Followers 3
Posts 1124
Boards Moderated 0
Alias Born 04/17/2011

Re: BeachBum post# 24081

Tuesday, 07/05/2011 7:07:47 PM

Tuesday, July 05, 2011 7:07:47 PM

Post# of 226099
Speculation?

I am basing it on the trading history of the stock since I first bought into it. Every month or so the price has peaked into the 02's and then slowly climbed back down to the bottom.

That's not speculation that is history and reality. I used to speculate that this would be climbing back up to the .02's, which is why I accumulated more shares over the months when it would go back down.

I have outgrown speculation and moved onto reality. So if I have a chance to double my money and then reinvest that capitol when the price comes back down, I will take it. And I will play that strategy until it finally takes off if it ever does for bigger gains.

I personally find that idea better than just watching it go up and down like riding a roller coaster.