Tuesday, February 12, 2013 11:23:36 AM
There is something that you and others here just do not simply understand. If all my shares were to be ate up on .45 and I am left with only funds and no shares, i consider that the best possible outcome! I bought all of those wayyy down in the .20's. So it's great profit for me. I don't mind missing out on any run past .45 because if the momo is solid i'll just buy right back in. And here comes the "omg you'll have to buy back in at a higher price! :0" But the thing is when your trading MJNA it doesn't matter where you buy, your shares will always eventually turn a profit. I use compounding interest so I can live with 5-10% flips a few times a week. I would certainly not be sad if it goes past .45 and I have no shares. That is good for me too because I'll buy a ton and scalp 5 more percent on the momo. You see I'll always win either way. I just win more when I get shares on the low, everyone does. This thing has no strength left at these .44, it's stalled out. Oh and hey look at that, .44 just broke as I'm typing this. Looks like .43's now, then .42's, .41's and .40's and lower. Then back to .50 and beyond, the great cycle of Reasonable cashing in and out continues :)
$MJNA
EDIT: for addict: Of course I always report where i sold after the fact, if I told you before then I would have trouble with my orders... never want to give up my spots on the numbers until after the fact. That's just plain basic trading 101 for anyone who intends on making money. Just because they are well placed orders doesn't give you the right to claim "I'm not that good" or anything like that. ;p
EDIT: for ddm:
I did buy 500k at .38 and also more after it dropped to .2601. sold those .2601's recently yesterday and still holding some .38's. I dont have enough time to report all my buys/sells as i am always doing both.
EDIT: for addict:
What changed since then you ask? The charts I scream. Downside coming :0
$MJNA
EDIT: for addict: Of course I always report where i sold after the fact, if I told you before then I would have trouble with my orders... never want to give up my spots on the numbers until after the fact. That's just plain basic trading 101 for anyone who intends on making money. Just because they are well placed orders doesn't give you the right to claim "I'm not that good" or anything like that. ;p
EDIT: for ddm:
I did buy 500k at .38 and also more after it dropped to .2601. sold those .2601's recently yesterday and still holding some .38's. I dont have enough time to report all my buys/sells as i am always doing both.
EDIT: for addict:
What changed since then you ask? The charts I scream. Downside coming :0
