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  #1  
Old 06-17-2017,
afuiwipeyib afuiwipeyib is offline
 
Join Date: Jun 2014
Location: Colombia
Posts: 0
Default Throwing money in a urinal

This is what I did today! What I call "Throwing money in a urinal" I bought some stocks and payed too much for them and it looks like they will never come up. If I sell I will loose money. So I buy even more at a lower price. Each time the price drops I buy until the price per share is low. Then I sell for a small profit.
At lease I don't loose money. I hate to "Cut my loses" as many tell me to do.
The reason I CALL IT Throwing money in a urinal.
This guy sees a Quarter in a Urinal and can't bring himself to putting his hand in and picking up the Quarter. He keeps saying it's not worth it, It's
not worth it. Then he throws a Dime in and says now it's worth it. So he reaches in and picks up both coins! HE HE !
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  #2  
Old 06-18-2017,
Agrabasnab Agrabasnab is offline
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Join Date: May 2017
Posts: 0
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I've learned that lesson the hard way myself. I didn't even bother looking for anything to buy today but I did take some profits and was able to unload one of those urinal cookies that I had also.
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  #3  
Old 06-19-2017,
agemuwoy agemuwoy is offline
 
Join Date: Jun 2014
Location: Malaysia
Posts: 0
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one of my stocks was at .30 so I got 1000 shares= $300.00
The stock goes from .21 to .25 every day So I bid 6000 shares at .21
Now I had .222 in the stock and 7000 shares. I put a sell bid @ .25 and it sold. Got out of the stock and made $196.
I now will buy 1500 shares @ .21=$3150.00 and bit it at .25
For a profit of $600.00 less com. a trade
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  #4  
Old 06-20-2017,
Agrwisaf Agrwisaf is offline
 
Join Date: Mar 2017
Posts: 0
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Dat be 15000 Shares not 1500. I forgot the 0.

We're in a rally now. the feds lowered interest and bailed out banks.
I do not buy in a rally anymore. Just wait it will come down.
I fight to keep out of the feeding frenzy. :?
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  #5  
Old 06-20-2017,
agrohimgan agrohimgan is offline
 
Join Date: Mar 2017
Posts: 0
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I hate to suggest that you short HOG. There won't be much of a trading range after this last roller coaster. It could go to zero.
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