I think you will love small stocks, they saved me in 01-02 very tough Market. Yesterday I bought back a small stock originally bought on Friday starting at $1.25 scaling up. Sold most at $2.50 and the rest on Monday at $4ish. It tanked below $2, I bought back and it’s moving up again. Wrote...
FLGC I figured was worth carrying some over because AH action did not break it below the Close $8.17 very long($7.65 low). Before 8pm it was at $9.09 fake price, actually $9.00
I saw a lot of BABA, DIDI, GOTU,KWEB, PDD, TAL, TME and VIPS style promoting on various sites and chats. BABA, DIDI, Tencent and TME look interesting. Than again I thought DIDI was cool at $11, TME $12. No idea how to value them...
There are stocks like MVIS when it was crossing over $1 had 990,000 on the offer. 10,000 shares does not impact liquid stocks. My best trades are micro and small stocks. BB and certain razor Pinks can walk up $2 on 1000 shares.
When I say “Robbed” the executions were terrible, unable to put limit orders in fast and the BS of not being able to cancel on a trade halt. Order sat for fifteen minutes while my CS had no clue how to call and get me a “out”.
I have been robbed probably $75,000 by RH’s stupid platform. Try canceling a market order at the start of Halt. Etrade, Schwab, Fidelity, LS, CP, IB, any my JP Morgans allow cancellations and are quicker than RH for limits. You think RH is as good as IB or LightSpeed or am I miss reading it?
Sold 2300 @ $9.75 moving my average up to $7.77. Originally it was near $7.00. No idea what the company does, started buying with position hitting 3000 shares. Holding 700.
Do you remember when people were getting charged $250 to $1,000 a trade on certain BB or Grays? DTC had to physically make copies creating angry brokerage customers who spent $500 trade plus $300 commission to buy? Was around 2013 maybe.
No supply, there are people going door to door leaving "I will buy this car"! notes on people's homes and cars. Used Car lots are hurting, we talked about this last year when discussing stocks like AN.
I bought the BABA $180s puts, just sold at $5.30 after riding the best Chinese stock down $4 points. I don't trust DIDI, everyone thought GOTU and TAL were cheap at $20, what is China's end game?
I hope you all are safe from that dam fire! Went to Placerville and it looked Apocalypse now. Thanks for allowing us inside the way you see the Market!
I started buying BTBT late in to the game because I get up to trade last three hours unless doctor gives me some adds. Entry $7.9-$8.20. at 3/4s at $9.35. I don't know anything about Bitcoin. Only follow option volume and stock spiking. BTBT is one of those 50-50 AH plays, keeping a tiny...
NAOV is $1.93 down $2 from this post at 2 am.
Shorts were waiting to beat the heck out of NAOV. Not magic, it took over 100 million shares of churning to hit $2.5, why would light volume allow $4? Just some old trailer park geezer's observation.
NAOV hit $4.43, had a few shares from Friday, sold some at $4 after missing $4.40. Its 2:26, heading back to bed. IMV looks interesting, don't trust NAOV at $4 because the Shorts are asleep.