Re: Next News Release....
in response to
by
posted on
May 19, 2017 06:23PM
hummmmmm,,,,,,,Led,,,,,,,speaking about fear prior to a PP,,,,,now lets say a few holders of RVX here wanted to get out before the financing,,,say dump several hundred thoudand shares which I know a few people here have,,,,,,,,how would they do it when we have 2900 traded on the TSX today?,,,,,I surmise their average sell price would be very low,,,,what that is,,you would only find out if you sold into the bids and we dont know where support would come into play,,,,,,they would provide liquidity on the sell side and start looking like iceberg orders dont you think......what would they gain by dumping in these circumstances we see here as of late??......possibly nothing,,,,,,,,,,,,so the fear factor is only on the buyers side imo,,,,,,,,,,,when they fear they dont buy,,,,,they will wait it out,,,,,,,,,,,,,,!!
I have learned such lessons the hard way in these makets,,,,and that is,,,its not what price you pay to buy a stock at that makes you money its really at what point in time you take that very postion,,,,,so if I am on the sidelines I would much rather buy when support is seen AFTER major events like financing,,,.,even if the price opened up the next day over $3,,,,we all want to see a news release early morn,,or after hours and open up the following day 300% above the previous closing price ,,those events are white swans,,,,not that they cant happen,,,but its more likely once in a lifetime for any investor, especially if you have a considerable position,,,its risk vs reward,,,,,jmo