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Posted on 3/1/21 at 1:40 pm to tiggerthetooth
If it does, I'll buy another 50k 
Posted on 3/1/21 at 1:46 pm to tiggerthetooth
WDLF may move very much during a day (volatility) and with a very large prediction interval from the Bollinger Band this stock is considered to be "very high risk". During the last day, the stock moved $0.0054 between high and low, or 35.76%. For the last week, the stock has had a daily average volatility of 25.71%"
Anytime it goes below .015 its feeding frenzy time with this stock which means buy as much as you can afford because its going back up to .024 either that same day or the next a a minimum. This has been my strategy for this stock even though it is still a long term hold for me as well.
BTW you'll get your .02 back out with a profit but if I was you I would buy it down to lower your cost basis in the stock to around .018. The stock will go back to the .04 arena soon enough.
Anytime it goes below .015 its feeding frenzy time with this stock which means buy as much as you can afford because its going back up to .024 either that same day or the next a a minimum. This has been my strategy for this stock even though it is still a long term hold for me as well.
BTW you'll get your .02 back out with a profit but if I was you I would buy it down to lower your cost basis in the stock to around .018. The stock will go back to the .04 arena soon enough.
This post was edited on 3/1/21 at 1:49 pm
Posted on 3/4/21 at 3:28 pm to tiggerthetooth
quote:
quote:
I'm going to get back in when it hits .015 later in the week.
Do you really think it'll drop that far? I have a few limit orders around $0.02.
Yes but now I'm thinking the stock will drop even further due to the market volatility. Its causing people to double down, triple down, quadruple down on their current investments to try and stop the bleeding and that means less money for those folks to put into stocks like WDLF right now. I'm thinking this stock could hit sub penny status by next week even though I think it is a great company with terrific management.
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