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janetcanada

05/06/21 12:02 AM

#29837 RE: OTCShotCaller #29836

GRST - Please do not take it Out of Proportion!!!....

cybermich

05/06/21 1:04 AM

#29838 RE: OTCShotCaller #29836

Thanks OTCShotCaller,

I think of it a little bit differently (when it comes to being "all in" or "all out")

I personally would not have felt comfortable building a significant position (on a low volume trading stock) thinking I would be able to sell "all" without hurting myself in the process (btw this is not trading advice:).. just sharing what I see as the "probabilities").. of course if an extreme circumstance happened all bets are off..

Obviously the best plan.. is to sell shares (take profits while the price is rising and there is increased volume).. I have been disappointed with trades in the past.. when after a huge run a stock hasn't held "gains".. where if I'm going to trim extra shares.. that is the time (when the volume is still there.)

Even with that "other" stock.. (if I believe in the company).. I will sell the majority of my position if it goes parabolic.. but nobody can pick the exact top or bottom so I'll usually keep a smaller position and then "trim" again if the stock continues to fall until I have the bare minimum position I want to hold (*I still own a very small position in that other company because it still interests me - and I will add if news warrants.)

Bottom line.. I expect we will trade north of .01 at some point.. in fact, if the market cooperates and the company executes then I agree with some folks who have made price predictions of multiple pennies.

If the price doesn't perform right away as expected?.. well then I would reevaluate my position and either trim OR.. if the fundamentals are still there.. for me its not always about short term price moves.

A lot of my posts are about "other forces" including the sentiment of the market as a whole - which can really complicate decision making.

As an example, there are many, many stocks out there right now (big board stocks) that are great companies but that are simply too overvalued right now.. does that mean I don't want to own them in the future? Or that I don't believe there is a great future?.. No.. in fact, NVD* is one example.. I think it could be the next trillion dollar company someday.. and a 5-10 bagger despite its huge market cap - but imo its gotten ahead of itself..

Another example, we could see our GRS* get great numbers.. but we could run into some macro event.. or some temporary OTC hiccup (risk off etc.) where I personally decide to back off a bit..

We each need to decide this stuff for ourselves.. so I am not going to telegraph all my decisions.. and I wouldn't want to "influence" anyone to do something.. because if I'm "wrong" I wouldn't want that responsibility:)

So I will end by saying.. I hope ALL longs make lots of money with GRST.. if it is successful I know many on here will make more money than me because I am a bit more conservative in my "trading style" however, I have enough conviction that I should do very well:)

If I decide at any time that GRST is not for me.. I will trade accordingly.. but at this moment in time it is my largest OTC position (which is relative because a few months ago my "largest" was much bigger before I trimmed ALL OTC positions.)

Even with my projected "nervousness" about the markets:).. I have continued to see GRST as a worthy investment for me.

Again, I reserve the right to change my mind at any time:).. but I have a plan.. and I hope that I have a chance to execute it for HUGE profits:)

Be well.. and its always fun sharing thoughts.

Cy