InvestorsHub Logo

ARanger51

12/18/19 9:52 PM

#24787 RE: czni #24736

Hey man, you seem like a really nice guy so I want to help you out. It is not wise to ask for investment advice and price targets on public forums because you will get some people saying this is going to $1 and some people saying this will go to $.0001. Nobody knows for sure...

It is best to put a lot of time into reading PR’s and the company’s filings and determining for yourself what you think a company is worth. It is a very very bad investment strategy to chase after runners; sometimes it works out and sometimes it doesn’t.

Regarding PACV, I saw today you said you got in at .0042. That is not a bad entry, but don’t expect to make $1,000,000 on 186,000 shares.

You HAVE TO manage expectations. If you sell tomorrow at .005, .006, or .007 then this has been a successful trade and you made money. Even if this runs to .05 and you could have made $9300 you still had a nice trade if you sell out at .006 and come out with $1116. It is so hard in the OTC to make a substantial amount of money with one stock. I have been trading OTC stocks for two years and have lost a lot of money and made a lot of money.

The key is to manage expectations and live to trade another day. I will leave you with a quote that has really helped me. I once heard a very wealthy man say, “I have made a lot of money by selling too early...”

Hope this helps and good luck to you!

$PACV2020