Interesting charts.
What I find really strange is, given there are <6 million shares available outside of the Top 20, where are these sellers coming from? They must run out of shares sooner or later, one would think.
TNY - Tinybeans Group
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Interesting charts.
What I find really strange is, given there are <6 million shares available outside of the Top 20, where are these sellers coming from? They must run out of shares sooner or later, one would think.
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This is fine if you are not trading with your own money. If like us mere mortals we use our own money and not debt instruments it is $20 dollars a trade, so to jump in and then jump out then jump in again it will cost $60. Not exactly breaking even but certainly making the brokers wealthier!
tech/a
No Ordinary Duck
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Sorry I don't understand
I use my own money on every trade
I use IB as my broker and I pay $6 and $6
A 6000 share holding will get you $60 a cent in price movement or
$300 will take 2 cents?
$1.13 to $1.40 is 27c must be a drink in that.
If you don't do things differently you just be one of the crowd.
With all due respects 90% of this thread is crowd chatter.
I use my own money on every trade
I use IB as my broker and I pay $6 and $6
A 6000 share holding will get you $60 a cent in price movement or
$300 will take 2 cents?
$1.13 to $1.40 is 27c must be a drink in that.
If you don't do things differently you just be one of the crowd.
With all due respects 90% of this thread is crowd chatter.
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Which is fine if you are trading regularly, if not then you get charged a monthly inactivity fee. I may not want to trade constantly, so it could end up not being a saving for me or others who trade for a long term hold.
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But is price moving?
off topic
(do not want to get a derail reputation)
not talking for tech but his point is valid. it is not about the brokerage costs, it is about capital preservation. even if it is $24.95 for a little trade (anz 1st of month small value c*cks) then that is nothing compared to the 10% or 20% loss that can happen pretty quickly ........... and then u r sorta trapped and not sorta in control anymore.
Not everyone can employ that strategy but should be a thought ...
42% of my pilots are stopped out ..... lol ....i made that statistic up.
tech/a
No Ordinary Duck
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Yes I know I'm using the 4%
If your trading for a long term hold the Brokerage is the same.
If your sitting in a profitable long term trade then a monthly fee if you dont use
it isnt going to matter as your profiting anyway.
Unless your Capital base is $500-$1000 in which case --- Your under capitalized.
tech/a
No Ordinary Duck
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So looks like today was the day.
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The 17th May high is a significantly shortened thrust above the Apr 26 high. So sideways for a while, perhaps down. I'd try to sell at 1.25 and look for a re-entry.
tech/a
No Ordinary Duck
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Que?
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tech/a
No Ordinary Duck
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The "duck" is too polite. I suggest that if you're trading TNY then post your plans and good luck to you. Comments on daily price fluctuations is a huge distraction to longer term traders/investors. Please respect the patience and the longer term outlook of our investing colleagues.
@verce is a longer term investor. What happens day to day shouldn't matter to him. He's monitoring fundamental data that indicate how the business is progressing. I'm sure he'll sell when the numbers deteriorate or there are other indications that the business is not progressing towards it's goal.
Verce, stick to your plans. I've seen some evidence that you're being influenced by the short term chatter. You've defended your opinion. It shouldn't change unless there's data to support a change. I trust you're monitoring the data more than the chatter in this thread.
Thanks @peter2
Rest assured, I am factoring everything I read into my strategy and decision making - nothing to the exclusion of anything else.
Right now my column of reasons to remain invested in the stock far outweigh my column of reasons to sell.
Appreciate your input.