quote:
I have an sell order in for 20k shares at 0.06. I'm hoping once that hits, a week later it will settle back down so I can buy back in but with more shares.

I think that's the right way to do it rowbear, sell partial on the way up, then buy back in on the dips. There will always be people cashing out on the way up. It makes sense, you buy at .02, if it's a .06 you've tripled your money. You'd be stupid not to sell at least some of it. Everyone will be thinking this way.

Personally, I don't think it'll ever see the teens again. I think that was a one time deal due to the end of year Canadian tax sell off. We may see mid to lower 2's this week, maybe again in March, but after that we *should* see a slow and steady increase.

Walletinvestor.com projects LVVV being at 1.87 by the end of the year before settling back down to .76 in 5 years. If either of those came true, I'd be a very happy person.

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Posted by rowbear1922

Lake Chuck, LA

Member since Oct 2008

15182 posts

Posted on 1/7/19 at 8:20 am to BitBuster

quote:
I think that's the right way to do it rowbear, sell partial on the way up, then buy back in on the dips. There will always be people cashing out on the way up. It makes sense, you buy at .02, if it's a .06 you've tripled your money. You'd be stupid not to sell at least some of it. Everyone will be thinking this way.

Personally, I don't think it'll ever see the teens again. I think that was a one time deal due to the end of year Canadian tax sell off. We may see mid to lower 2's this week, maybe again in March, but after that we *should* see a slow and steady increase.

Walletinvestor.com projects LVVV being at 1.87 by the end of the year before settling back down to .76 in 5 years. If either of those came true, I'd be a very happy person.

Yea, I've said I am done purchasing for a while now (while I have an order in at 0.025

) and each time it dips I'm tell myself I may as well buy another 10-25k shares purely to flip while the rest of the shares are the long play. I have another 50k shares I'm willing to part with if it hits $1. If somehow this gets to $10, my retirement nest egg is complete in my early 30s.