Thursday, December 12, 2013 10:33:21 AM
One thing I have learned is that retail traders have to work together to get shares at a cheap price. There is a fundamental misunderstanding among retail investors, that the misunderstanding is this: that we are each other's enemy. We are not. The "enemy" is financeers who make tons of money no matter what and the other enemy is the company selling shares. I am very much "for" the retail investors here, which I why I am encouraging them to buy cheap. The longer a stock stays in existence, the more shares there are and the lower the highs are. Therefore, seeing previous highs will probably not be a possibility. The way to make money in these stocks, then, is to keep buying the shares cheaper and cheaper as time progresses. The cheapies are no longer .15-19; rather, the cheapies are .08-.13. Hope this helps; I've been burned so many times that I have learned this lesson painfully. I don't want retail investors to lose money, that is all.
Kindly,
Tink
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