Rule number one is that when you buy any stock, that has been accumulating for a long time with a monster float, you have an easy ride to a double in a lot of cases. Especially if you have a great story attached to it.
But when you hit that double point or around there, after commission, the stock fights, possibly for a long time.
And what I do with any other stock, other than this one, is sell half at the double point, and then sell another half at the next double point, etc...
If I really like it, I buy back constantly, always making the positon bigger. In many cases in our groups, a million shares has been won, with a hundred thousand shares started with.
A simple forumula, that has made three friends of mine, 9 figures. And they did a lot of it with pennies. One of whom is running the largest fund of its kind in the US. And his sole approach is on this, as taught by a funny looking indian man that taught him and myself. Unfortunately for me, it took a lot longer for me to drop my own ideas and settle only on this one.
Obviously I haven't marketed this approach, because if even 300 more people were doing it, it would impact US. It is definitely NOT pump and dump.
But here, I am miffed because if I had just NOT broken the rule, I could be feasting soon on these prices.
To make myself feel better I went very short on the s and P on the futures market. So far so good.
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