Morning, I think what I stated was a bit confusing. I just meant too DD short term plays as one would long term plays.
That said, everyone knows there isn't enough data too suggest holding for a long period. Thus your short term plays [one might consider long] because of the DD... lowers one's risk.
Within 10min I determined this could easily be a long term play by 3 steps.
1.) Current Volume that day verses last 10days even though I didn't post it. 2.) Check out just the main header points in news items back to June 15th; which of those could one remember with a quick scan? Doubling revenues, strong subscriber growth
But what that my final analysis before post my first on LYFE? No.
3.) The 52wk range 52-Wk Range .02 - 1.50 Spotted at .03 using the 3mth chart.
So my point is THINK long-term when analyzing and feeling comfortable IF one decides but, actually playing it much shorter once the price starts to pick up.
It was the same with BWMG
That's kind of a new strategy for me right now... since all of my past Long Term Plays have taken anywhere from 20hrs+ of DD too complete in order too roll out...