![](http://investorshub.advfn.com/images/default_ih_profile2_4848.jpg?cb=0)
Tuesday, January 10, 2012 9:26:47 PM
Trading is like a chain letter: to make money you have to have a lot of other people do the same thing you did AFTER you did it.
Nope, not even close. When I buy, i expect to be able to sell higher than I bought at.... it does not matter who runs the share price up or how it runs up.... as long as it runs up, and when I sell, I could care less what happens afterwards.
Trading is FAR easier than holding KBLB shares since June. All the profit at almost no risk.
Best of all, I didn't own shares while an unprecedented Tax Loss hurricane hit Lansing, MI.
What you are missing is short term speculators afraid to be left out over last weekend or for a possible Monday or Tuesday AM PR but who then decided it was too close to the end of the second week without another PR so it was time to get out.
Trying to invest only when it's "safe" is purely a delusion when it comes to biotech. Because of the inherent very high degree of uncertainty, especially about timing, there is no such thing as a "safe" period.
IMHO a lot of people thought they could do that and then realized they'd missed it and decided to get out at a loss because they'd never had any intention of taking the risk of the CC being a disappointment.
Surprise! If you make an trade highly dependent on timing and get the timing wrong, you lose.
For those who accumulate in stages, the timing gets averaged out: you don't get the best price but you don't get the worst either.
Especially when ALL of the AON bids and asks ARE INVISIBLE ON LEVEL TWO and the visible spread is quite large. Just looking at chart can give a VERY misleading impression of how easy (or not) something could have been done. Many will get very ugly surprises when they actually try to execute what should have been a winning trade. Exactly when a trade would be the most profitable is exactly when it's the most difficult to get executed and that's exactly when the pros have the most advantage. Some traders work hard to try to get a lot of amateurs to join in so they have someone who it's easy to beat.
Recent KBLB News
- Form 424B3 - Prospectus [Rule 424(b)(3)] • Edgar (US Regulatory) • 06/10/2024 08:30:30 PM
- Form EFFECT - Notice of Effectiveness • Edgar (US Regulatory) • 06/04/2024 04:15:03 AM
- Form S-1/A - General form for registration of securities under the Securities Act of 1933: [Amend] • Edgar (US Regulatory) • 11/22/2023 09:31:54 PM
- Form 424B3 - Prospectus [Rule 424(b)(3)] • Edgar (US Regulatory) • 11/16/2023 09:30:34 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 11/13/2023 09:43:51 PM
- Form 424B3 - Prospectus [Rule 424(b)(3)] • Edgar (US Regulatory) • 09/11/2023 08:30:50 PM
- Form POS AM - Post-Effective amendments for registration statement • Edgar (US Regulatory) • 09/01/2023 08:30:52 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/14/2023 08:35:05 PM
Glidelogic Corp. Announces Revolutionary AI-Generated Content Copyright Protection Solution • GDLG • Jul 26, 2024 12:30 PM
Southern Silver Files NI43-101 Technical Report for its Updated Preliminary Economic Assessment for the Cerro Las Minitas Project • SSV • Jul 25, 2024 8:00 AM
Greenlite Ventures Completes Agreement with No Limit Technology • GRNL • Jul 19, 2024 10:00 AM
VAYK Expects Revenue from First Airbnb Property Starting from August • VAYK • Jul 18, 2024 9:00 AM
North Bay Resources Acquires Mt. Vernon Gold Mine, Sierra County, California, with Assays up to 4.8 oz. Au per Ton • NBRI • Jul 18, 2024 9:00 AM
Nightfood Holdings Signs Letter of Intent for All-Stock Acquisition of CarryOutSupplies.com • NGTF • Jul 17, 2024 1:00 PM