Re: Trading this AM
in response to
by
posted on
Nov 27, 2023 02:32PM
Combining Classic Mineral Exploration with State of the Art Technology
As I stated I would do, and as the market permitted it today, I sold half my recent purchase - plus one share - near this morning's high for a 124 percent gross gain. What's left is a "free ride," as my initial cost, including commissions and taxes on a short-term gain, has been paid for.
The one share was to get rid of the last share of my initial holdings following the reverse split, and I did not have to pay an extra commission to now hold a round number of shares.
Trading activity as we are seeing today will draw much attention, including from traders who care nothing about the story but like momentum plays. This also means that a new series of hysters and bashers will be on the boards too - not so much here, but at Yahoo!, IFlub, and elsewhere.
Again, good luck to the longs.