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cdiddy01

04/02/19 11:04 AM

#96621 RE: gold007_2000 #96619

Holding stocks for the long term is the most proven and viable way to make a return, what are you saying? The problem is diversification and extremely risky stocks like this should be avoided. This stock though is the worst of the worst.

raja48185

04/02/19 11:16 AM

#96625 RE: gold007_2000 #96619

Holding stocks for long term just don't work anymore for most of stocks. Except for some high dividend stocks. People now using their cell phones to trade stocks anytime anywhere with any profit. now you have to rethink how to investing. If you can't take risk.better stay with mutual fund.


You have a point and I partially agree. Depends on when you get into a stock, especially if it is at a really low price. Imagine buying a stock for 30-40 cents, goes up close to $2.00, there is a RS 1 for 4, that brings down the pps to 50 cents, it goes back to low 0.40s then in a couple of months goes to 15 bucks and then you sell calls not too deep ITM, safely, careful and not risk being called) make at least a couple of bucks per share, in effect about 50 cents in pre-split terms and the stock slowly retreats, well above the original DCA adjusted for split, and you are still deep in the green. All your shares are now free, intact and paid for. Just one example (real).

With ADXS - BIG mistake was to get in EARLY (thinking advantage) at a high price before the first RS.

But you are more right than not. If there is a chance to recover some investment, do it at the earliest and do not delay.