Originally posted by ChippyDude
I understand your strategy perfectly, downramp all you can until you see a dip you like and then buy, so you constantly post saying for people to sell, because you want to buy.
If I want to buy a stock, I dont downramp it , I just wait and see if I can find an entry I like , if I can I buy.
I just dont see the point down ramping a stock because its a few cents higher than the price you want to pay for it.
I know you say you understand but I don't think you do
I'm not here setting unrealistic targets, or plotting charts that don't really make sense.
Chart doesn't tell me this has changed direction, I still see the down trend. The support keeps getting tested and will eventually be taken out if no news comes out soon.
A few cents may not make much of a difference if your buying $5-10k worth of stock, but it does when you're looking to buy $100k worth
So a 10-20cent drop may mean a 100-200 loss for you, for me its in the thousands hence why I'm happy to wait even miss out if its not the right deal.
I think this is a great opportunity at any price and will reward you within a years time but for me, deals just gotta be right otherwise there's plenty more opportunities out there