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FutureGNR

04/25/22 12:44 PM

#2514 RE: Flip it #2513

In an ideal world, that would work. But it is a mathematical fact that some who trade will gain, and some will lose. There is absolutely no way that every person who trades, even a small portion of their shares, will gain consistently.

The end result would be that some who keep core shares and trade the rest will end up with more shares after a period of time, and some will end up with less. And, in reality, it would actually be that only smaller percentage would gain, and the majority would lose.

The only way to consistently gain over a long period of time is to buy a good company at a low price and hold until it comes to fruition, however long that may be. And, again, it has to be a good company that will earn in order for even this to work.

I think Spectra7 is such a company.
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blue_skies

04/25/22 1:53 PM

#2515 RE: Flip it #2513

I do that also some stocks,
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sonofKal

04/25/22 2:26 PM

#2516 RE: Flip it #2513

That's fine if you're a trader. I'm not. The few trades I tried, I lost so no trading for me because I stink at it. Worst thing is now that I'm retired and on a fixed income I can't buy any to average down either. Stuck in this twilight zone of constantly declining share price.

Had 100K before the reverse split, now 2K and still dropping daily with likely another reverse split before it turns around. IF it turns around. Selling would lock in the loss so I hang on hoping that there's actually a future for this company.