RE: Newby23 Dec 2020 11:26
Hi mate and welcome. Its best to consider any trading or 'investing' in small/micro caps as gambling. nothing more nothing less, but use your experience, information available, general chat on bb's and keep a close eye on the trades and the prices trades are going through at when taking those gambles. If this is your one and only stock, then maybe live stock prices may not be necessary but if you get into a few stocks, you need to get live trade prices and watch things like a hawk.
Ignore most of the BS spouted on the bb's, most of the posters know nothing more than you do but make themselves sound like the oracle. take posters info with a pinch of salt until you go away and check the information for yourself. Don't forget to take profits and don't just sit on something that is going backwards every day. taking a loss can sometimes avoid much bigger losses--but not always as sometimes the price jumps back up but in general, setting a loss of around 10-20% max generally works.-you can always buy back again if it looks like it is reversing upwards again. don't get attached to anything or anyone on here. OMI? signs are good, drill results will tell the story and hindsight is a wonderful thing !. 3 months max and there will be some hindsight to consider.