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TurlteKing

02/03/15 8:19 AM

#34024 RE: 1mort #33998

This is a poor example. Why do you feel $3 to $4 is a fair comparison with $100 to $101? You're comparing a 33% increase to a 1% increase.
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Level2Me

02/03/15 10:40 AM

#34052 RE: 1mort #33998

for every $1 it goes up (u lose 97,500) due to a R/S.



Extremely poor example.

When DJIA fell by 500 points in the 80's it was a disaster (25% drop in a day). When it falls (or grows) by 500 points serious investors barely notice (it's less than 3%). The 200-300 move still gets presented as something big on the TV, yet in reality it's nothing to talk about.

How often does SLTD trade in $1 range today? Never. How often will it trade in $1 range on Nasdaq in one-two years? Probably every day.
Yes, there is a downside potential; but there is even greater upside potential.


There is an upside potential on OTC, too, but it's not as sustainable.
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1mort

03/04/15 6:53 PM

#38369 RE: 1mort #33998

ok back in today; sold out and 18 cents, bought today at 11 cents (er $3.10)- saved the 7 cents drop, the lockup of my shares, and bought 10 times more shares today than I had before. GLA