Nov. 15 at 12:32 PM
$CISO
Did Penny Queen ever respond? 🤔....
Hmmmmm 😡 ....
Personally, I never blame CEOs or social media stock board wizards.
Remember, it's the buyer who ultimately pushes the buy button. Or the sell button, to be fair.
I entered here at .95, as I had led onto for a few weeks, after I sold 1.20s....
I bought .70s yesterday to drop my cost to .85....and dumped 60% of my position at a small loss, still holding about 2k shares.
Loss mitigation...extremely important. I think of it this way, if I held 4k shares instead, I would be down about 33% or about
$1200 bucks in a week here.
Instead, I escaped with an
$80 loss on shares sold, and if by chance this gets another dead cat bounce on Monday, I can escape unscathed.
If it drops a little more, I can add much lower than I sold, further dropping my cost, or eat the loss, or simply hold the remaining 2k shares. This allows me options...
GL
