Friday, October 23, 2020

SU.TO stock: 10% gains from Oct. 22 to Oct. 23, lowest: 15.07, highest 16.5

 Oct. 23, 2020 

Introduction

I like to push myself to do better equity research, so that I should take action to purchase 3000 shares of Su.to when the price was around $15.07 on Oct. 22, 2020, so that I have chance to have gains. Since the price was lowest one in 2020. I like to write a blog to help me do better research. 

10% gains

I should not bet on short term gains in two days for 10%. What I should do is to stay positive, buy low and sell high. If I do believe that it is lowest price, then I should not be afraid to purchase 1000 shares of SU.TO stock. 

I should not worry about market price goes down more since I can be a long term investor. 



I should not worry too much. I sold 550 shares on Oct. 23, 2020 with 20 cents/ share gain for 500 share. That is only 100 dollars. 

I lost $8000 in Sept. 2020 since I purchased so many oil stocks. I should take some risk and bet on rebound. 



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