Replies to post #1364 on Better For You Wellness Inc (BFYW)

[lbcb123]

I know it is counter-intuitive, but here is how it costs you money by trying to buy cheap at the Bid instead of slightly higher at the Ask when we are close to news and the big breakout.

Let's say you own a million shares. Some have more and some have less, but it is easy to extrapolate for yourself from that beginning. Let's add that since you know news is imminent, you are going to go overweight a bit and add 20% to your position. By the way, it doesn't matter if your average price is 50 cents or under a penny now. You only want to maximize the price it goes to whether you are selling or holding.

Everybody buying "cheap" shares has their Bids in just below current Bid and have helped walk it down from 2 cents. They should be buying their overweight 20% shares at 2 cents instead of walking it down to .0125 and here is why. This has great potential to double 3 times with the proper campaign. If it starts at 2 cents, it hits 16 cents. If it starts at .0125, it only hits 10 cents. Back to our one million share base and the difference it makes by walking back the price to .0125 vs. .02 for your overweight 20%:

At .0125 you got your extra 20% (200K) for $2500. Your one million share base is now worth only $12,500 since you helped walk the price back down. Your 1.2M shares are worth $15,000. When it doubles 3 times you will have $120,000.

At .02 you paid $4,000 for your extra 20%, but your
1M share base is worth $20,000 for a total of $24,000 starting value. When it doubles 3 times from there you have $192,000. You cost yourself $72,000 by saving $1,500 to buy your overweight shares "cheap".

If you understand this, you are way ahead of the game from the masses. Read it again and understand it.

I quit buying at the Ask since I wasn't getting any support. Did you notice all the days with a 10K buy in the last 30 seconds at the Ask to make the closing price 10% higher? Guess who. The last couple days it would have only taken a few small buys to get it back to .02. Heck, it even opened at .02 two days ago. You should be trying to buy at .02 and not walking it down to .0125.

Note: This applies only to companies where a P/E ratio, price to sales, price to book, enterprise value etc. are worthless and non-existent. Price is only an illusion and when the news hits, people buy whether it is .02 or .10. The goal is a higher starting price to maximize the gain as the campaign rolls out.