Because that will make them day traders . It would be very difficult to time the peak and it might not be possible to re-enter back at lower points .
Eg someone sitting at .016 saw it going up to .022 then .028 then .034 then .048 & then .064
Where do you draw a line ? If you chose at .034 most likely you would kick yourself for selling too early which is fundamentally a strong stock & most likely re-enter at higher levels and burn yourself plus the stress which comes with it .
If you chose to sell at .048 and saw it going to .065 you would have most likely done the same thing .
Guess the long term Holders who sold above .055 cents and have topped back again would have done fairly well as they would have pocketed extra 20-25% and will wait for next wave.
I guess best is to sell a portion to recoup costs when stock multiplies like this and then sit patiently on profits and let things shape up for the company .
Cheers
TG
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Open | High | Low | Value | Volume |
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No. | Vol. | Price($) |
---|---|---|
35 | 24779651 | 0.7¢ |
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Price($) | Vol. | No. |
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30 | 44804222 | 0.006 |
12 | 3981699 | 0.005 |
9 | 6584859 | 0.004 |
2 | 2400000 | 0.003 |
Price($) | Vol. | No. |
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0.009 | 5216204 | 14 |
0.010 | 2720204 | 18 |
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