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canitocano73

01/31/14 7:25 PM

#49477 RE: Pjordan1019 #48157

People with money don't always need to carry it in their wallet. They buy and hold and sell as they feel the need to diversify. Cashing all out may be a sign of small money mentality.

mikar

01/31/14 7:34 PM

#49480 RE: Pjordan1019 #48157

This is a very liquid stock. There will be no problem selling 2 mil shares at 2. This traded over 300 Million yesterday. But let's get to a penny first before we worry about $2.

ImOnABoat

01/31/14 7:37 PM

#49482 RE: Pjordan1019 #48157

First of all, let's not consider the dreamy $2 for SVFC, but let's talk about realistic 3-5c a share. You wait until the stock gets into your target PPS zone, then pick a day with good volume and/or some catalyst, and just place a million shares at the ask. Wait. It will be gone (b/c you chose the day with good volume and/or catalyst). Then place another couple million at the ask. Wait. Someone will take those too. And you do so until your position is closed, if closing the position is what you desire to do. This way you maximize your profit by selling at the ask, and not screw everyone else around who are here to make money just like you by choosing to dump at the bid. I wish more people understood that. But this would only work in a stock with substance like SVFC, when you can be confident that it will not crash for no reason at any second intraday. Stocks with substance are predictable. In most of the pennies though -- you buy, you pray to Jesus, and when you hit a couple upticks you better take your money and run. This is not the case here though. I have been very confident holding 13.6M since $0.0019 through all kinds of ups and downs. SVFC has substance behind it, and is thus predictable. I will slowly sell at multi-pennies a share, and not earlier.