Re: That was one sweet day of trading....
in response to
by
posted on
Aug 02, 2018 10:58AM
tada,,,,,,,,,,,,,,,,,,,,,,it is a great day for motor car racing as JS would say!!!,,its awesome to finally see life being breathed into this play and it is about time!!
In regards to CP selling baesd on weighting of the account/s etc,,,,,,,,,,,,,,,,,,I fully agree its the way an account should be managed,,,,,,,,,,,,,,,,,but if one is clearly stating the selling of shares at a discount to what he believes to be near term pricing I have to tongue n cheek the activity....as I would never sell into volume because I think its going higher,,,,,,,,I would sell based solely on weighting and or history!,,and it should be clearly understood that no one knows what the pricing will be tomorrow or next week,,no one,,,,,,,,,,,conjecture is fine but state that fact...and if wanted to adjust weighting,,,,,especially here with RVX,,I would be doing it with these delicious warrants in mind,,,,,retaining my open speculation and setting cash on the sidelines by correlating the warrants back to the original share numbers....that makes even better investing sense,,,,imo.,,,,however it is..just an observation!
It maybe just me but my gut tells me we might have an daily ATR of .30 cents sooner rather than later,,,,,,,,,,,,,when that ATR becomes maybe $1 or $2 Ill consider selling,,,,,,,,,,,maybe!!!!!!!!