AHHAHAH true but I'm on here for now hoping to win big on my trades I currently hold. The point I was making the small investors need to win big to have a significant impact on life for them. If you trade for fun and play with small money meaning 10,000 altogether that's fine because it's for fun. I'm invested in this company for the whole cookie jar and some more, meaning I think they can achieve this goal for me and have already made money for me. I sold at 25c last year when I got in at 6c because I needed money.
Percentages and all that but 9c from 12c isn't really much more of a loss if you ask me. the drop from 40c to 14c was big but not the drop from 12c to 9c to warrant people doing crazy stuff and losing big money.
Timeframes on investing, I don't have any as this will vary depending on luck and fortune, it can be fast or it can be slow and it may not happen at all. That's why long term trading is harder than daytrading or short term IMO. If I sell something it's because it's cooked or I need money.
I call them hacks because they're dealing with big cash and advising in that manner, I do like the shows but and watch them as I love investing. Your money, your call was awesome even if they had no idea on some small caps. If I had 2mill to trade I could turn that into heaps as well by using big cash for small jumps, but dealing in the thousands is a different story. So I choose to look for company makers instead which is harder but could be lucrative.
Risk management on small caps, small caps go up and down all the time very volatile, so what I'm saying is you will sell every small cap you own at a loss because they go cray cray all the time, ahahah. Always up and down ect, it's true.
The hardest part with small cap long term holding is trying to pick the winner, every stock goes up and down and trying to stick with the chosen stock is always hard because of the way humans are wired. Now if you go all in that's a different story you have chosen that stock and gone large, that's a hold until it's really defeated for me or what's the point. That's why people say to never do it because it's truly a big risk, so that poor dude sold at the first sight of trouble but went all in and didn't follow through = silly. The company isn't dead or anything so that loss is defiantly a loss, if the company is cooked you accept the loss and take it in the chin.
If Bud hits targets you won't be recouping money, you will making money. I admit on my own admission I have gone large but I'm hanging around to see what happens.
A passenger no way, so you call yourself an investor in shares and when they drop you sell, if you look at stock graphs for most companies it would be very volatile.
On business, I know a mate who started a business from nothing, it was in clothing. He had no idea what he was doing but jumped in. I can tell you at the start of any launch of a product it won't be smooth sailing, it doesn't matter how big or small. He struggled for two years learning and dealing with problems, he now has like 50,000 likes FB and gone worldwide, it turned when the problems started getting solved. Bud has gone worldwide from the get go and these problems are no different to what any company has faced before, Dave just needs to solve them and get it rolling, with funds and staff this should shorten the timeframe to do this. I don't think the company is in a bad position at all it's just business and what happens when you launch new products. If it turns around in my eyes anyway it could turn fast.
So from that I think it's just business to struggle at the start a little bit, with 22mill he has covered that nicely and reduced risk for investors, hasn't increased the risk at all.
A fair way to go maybe but maybe not, in sales all you need is a good a few months and the fortunes of any company can turnaround. Keep a good image in the client or customers eyes and they will pass that onto other possible customers and it grows.
The three companies I own ICI, BUD and ISX all to me are making the correct moves to go large if it all pans out. People say ICI is a dud but if you look at what that company is doing it looks nice. Now releasing games and getting 4 to 5 stars having a large user base, in crypto, making a Masterchef game and Crypto crab game. Joyseed releasing games as well, interesting times for the company.
Anyway I will not do any silly trading but I will be watching closely.
ONCE AGAIN THIS IS ALL IN MY OPINION.
