Replies to post #17 on SEACOR Marine Holding Inc (SMHI)

[ErnieBilco]

A question that really has no answer other than diversification. Can't ignore the big boards to play all lottos.

I could have bought 4158720 shares of a G2P but with the number of tickers and the 1 day rallies where would I be a week from now? What if I didn't buy the "right" one and am stuck with 4mil shares of something that may never make another trade? Sometimes waiting to buy a pinky you miss an opportunity to make money, in this case I miss nothing because all my pinky orders are still in the water waiting for a bite and some spare change has been put into SMHI - It's win-win all the way around IMO

SMHI is in the shipping business. They recently hit bottom at $1.47 (10% of their 52wk high) - I'll buy just about anything at 10% of its high as long as the chart looks favorable for AT LEAST 100% upside short term. I think the seller is either done selling or just about sold.

Chart shows an uptrend is about to begin.