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You haven't made a dime until you have made 2% (for commission). Your port will buy approx 60000 shares.

Posted by: Rocket123 aka PVL Admin (a.k.a Rocket123) on Feb 10, 16:24 in response to skunkrunner's post Sorry, here is my question:

Plus you have to sell everything, so there's another 1%. You will make zero H$ until Avengers increases by 1.05 mil. So when it increases to 360.5 (from IPO of 350) you will start to make money on it. Once you sell, you will have to re-distribute your cash on smaller things again (1%); which you can either see as an initial loss to your new investment, or gain requirement of your previous holding (whichever makes you happier).

So, the question is, do you think Avangers will go to 364.0 (break even) and how much higher after that?

As far as selling off previous holdings? IF I was determined to buy this IPO, I would wait until just before buying it, to get as much as I could from previous holdings...but that's me.

Good luck with the decision. Remember, DRoi is EVERYTHING for ports your size. As long as the gain is fast and large, play on. If it's slow and/or small, move on. IMHO.

Sell-off Strategies? {nm} skunkrunner Feb 10, 13:47

Sorry, here is my question: skunkrunner Feb 10, 13:53

I'd recommend avoiding it altogether based on your port size, but that's just me. {nm} CommonAnomaly Feb 10, 14:17

You haven't made a dime until you have made 2% (for commission). Your port will buy approx 60000 shares. Rocket123 aka PVL Admin Feb 10, 16:24

Sorry, my math was based on 100K shares, not the 60K you can afford. Recalculate, but you get the point, I'm sure. {nm} Rocket123 aka PVL Admin Feb 10, 16:25

Agree Totally with CommonAnomaly. HORRIBLE HORRIBLE Investment for a Small Port. Here's Why. <INSIDE>. RotoHockeyYTD2014 Feb 10, 17:06

You don't have to hold AVNG3 for a long time to make H$. Take a look at the 2-week increase of recent IPOs like TOYS4 and STAR8. Antibody Feb 10, 17:17

Neither of them were Close to 350.00 IPO. Emphasize Point about Best Percentage Gains in Shortest Times. RotoHockeyYTD2014 Feb 10, 17:23

Not everyone is here every hour to daytrade every price movement, which also carries risk of catching the wrong swing. {nm} Antibody Feb 10, 17:28

skunkrunner indicated 'Active Day Trader' - simply Offered an Opinion. {nm} RotoHockeyYTD2014 Feb 10, 17:31

TOYS4 and STAR8 are the closest IPOs to AVNG3. {nm} Antibody Feb 10, 17:30

Simply Offered an Opinion. Thanks for Offering Yours. {nm} RotoHockeyYTD2014 Feb 10, 17:33