Monday, March 10, 2014 12:55:32 PM
even when this equity uplists if foolhardy.
Why?
Well as most of you know, the NYSE MKT is the former AMEX. Those experienced with that exchange and the market makers of that particular platform know all too well that it is a bastion of manipulation similar to levels seen on the otc bb market. You think bid and ask spreads will tighten and normalize anytime soon? Think again.
Is that a bad thing? I don't think so. It can very much work out to our favor in the short and long run but expect volatility. Repeat after me: ACCEPT VOLATILITY, EMBRACE VOLATILITY, VOLATILITY IS YOUR FRIEND.
Did you do that? Good. Whenever you get nervous and weak in the knees repeat that and you'll come back to the reality that you're invested in a company that is going significantly higher in SP, regardless of profit taking and manipulation you will inevitably see at some points. Movement is better than stagnation even if it is downward movement. Sometimes that downward movement generates the attention of those hitherto unknown to this stock and then they come aboard. Movement movement movement and lots of interesting ripple effects happen.
Good day to you, friends.
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