Party...........
You wrote:
I take a contrary view. JT, of course, never bought any and won't; while Brady dips in and out. My position is long and with each passing day I'm feeling better and better about this investment.
As we discussed, by selling my holdings on Wednesday due to my experience with reverse splits, I was taking a chance on getting in cheaper come Monday (Tuesday as it turned out).
I was, just by chance of course, able to get in cheaper. I was able to pick up almost 20% more shares than I could have had I stayed in pre-RS. Anyway I'm not trying to rub it in.
Physics can be applied to trading stocks in a way. Consider Brady's Theory of Conservation of Energy when buying stocks.
In short, if you think a stock is going to go down more than the commission cost of selling and buying plus a small comfort margin, why not get out? If it goes down more than the cost plus factor, the gap between the comfort factor and when you buy back in is pure profit in your pocket.
I know, it can be nerve racking waiting for the price to get down there, but in cases such as a Reverse Split, it most always does.
In conclusion, I'm not rubbing anything in, I'm just explaining my rationale for selling on Wednesday a little further.
Now lets hope they have some good news coming up.......soon.
If they don't, I predict a further drop in Zulu's price. Then I start to get antsy.............you know that though.
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