InvestorsHub Logo

dragon_silk

03/29/17 12:41 AM

#120060 RE: dragon_silk #120059

"15000 shares at 34 percent. (Bought that one at 11 cents in 2013. Ouch.) "

Think it's obvious but meant to say DOWN 34 percent. 11 cents. That one really bothers me lol. What was I thinking. I'll be very happy when that tax lot finally turns green.



es1

03/29/17 12:55 AM

#120061 RE: dragon_silk #120059

I have 2 lots. 1 I bought in 2009 at .012-.015.
I also have a group (25%) that I bought at .062 avg. That I will sell around a top (maybe.085 but not yet sure)
I will pocket 25-30% of those as profit and use the money again.
I do not cost average those shares since they are profit but if I did my average is also just under a nickle.
The only money I have tied up is my initial investment and my current flipping cash.
If I used that amount to average my shares they are about .003

I am not exactly happy with the stocks performance as a long just holding. But I am happy with the amount of security I have here. I would not attempt this with most otc stocks. Kim has done a good enough job of growing the market cap to allow good trades without the fear that I will wake up tomorrow to find a halted stock and a ceo in hot water.