Peng, I am just trying to be more aggressive this time around than I was with HISC, when I used a more conservative approach to a great profit on a sub-penny stock.
On HISC, I started with 4 Million shares at $0.0025, sold half at the double, rode all on free shares, swing traded, added and sold again then all on free shares from a penny on.
I took a million shares off the table at 2 cents and when it kept hitting a nickel and retreating to 2 cents and back to a nickel again for the third time, I decided to take off another million shares the next time it hit a nickel. I did, took another $50,000 off the table in profits, only to see on news pop the very next morning to $0.083, and then the next day to $0.14 !!! I was very happy to have made a 54-bagger, but always the greedy part of me was wishing I had bought more shares earlier on, and not sold that 1 million shares at a nickel.Even so, with more swing trading I took a 6-figure profit off the table, and now sit with a remaining 500,000 shares on HISC and will just see if it ever takes off.
This is my second chance with RSHN. 14M+ shares averaged at under $0.0009, and not looking to sell ANY this time till close to a nickel.
Yes, this is a greedier method, but it's much more aggressive when you consider the explosive potential here. Many will sell out around a half cent and buy back, that's fine with me, as I think I will start swing trading myself, just for the fun, but I will hold my core position of 14,330,000 and just enjoy it for now.
A lot depends on if there is a similar deal as HISC with a share buyback, or retirement of shares as to where this goes. I really can't see it getting to 50 cents or a dollar with 2 billion shares outstanding, but oh my, 5-10 cents+ is VERY POSSIBLE considering other stocks with similar share structures. VERY POSSIBLE INDEED!
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