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Citrati

10/13/21 11:18 AM

#6087 RE: Citrati #6083

Nothing wrong with EGYF at this point. Perfectly normal for a penny stock to fade after excitement. The excitement in this case was maintaining its trading status. News of forward looking plans from the Company will be the price push (whenever that comes). Perfectly normal action for a pink sheet stock.

Anyone who buys should have done enough DD to be comfortable here. Trading on emotion rather than verified facts is just gambling or hoping. Research who ZM is and what he has done previously in the innovative technology field. Read his patent history, etc.

Anyone who buys EGYF needs to continue their DD, stay up to date, have a strong stomach for volatility and up to date plans for entries and exits. Hopium is not a strategy that works any better here than the powerball lottery.

Personally, I like the background ZM has, the patents in EGYF and will give this time to grow. My strategy is to buy and hold a core position and to trade a separate position with all of the up and down movements that come to generate green while I wait for the opportune time to start selling off the core. I buy a large enough core so that at anyone point from purchase I can sell a runup in price that makes the desired core size free.
Only one style of trading amongst many.

Green Trades to all.