Sergio, your example is a valid one. My thoughts were to keep the original shares and hold them for a buck or close to it...I became worried when, at the time, MTNT was making trading ranges where the high for the cycle was 90% of the previous cycle's high. Based on TA, I believed that the stock was slowly breaking down and might be headed below .30. I waited for a small rise and bailed. It was the wrong choice as it climbed to where it is now...
No matter...I'll hold for the ride...for me, my trading funds are not that I can normally add to "core positions" that I already have. Of course, my goal is to do that. My trading account is quite modest at this time, so when I enter a position, it is with the intent of getting out relatively soon for the profit (hopefully).
When I have reached the point where I do have more purchasing power, I intend to add to core positions and work towards free shares...for now, I have to be humble LOL... I will check out the 10k and q...
George A.
Oh, by the way, can you explain to me why you believe that people don't know what they are buying???...in relation to MTNT, that is... |
