Anyone following RLX -50% drop today ... 35$ Billion Tobacco Company
- Thread starter TradeTune
- Start date
Stocks get "cheap" for a reason.
https://www.fool.com/investing/2021...hoo-host&utm_medium=feed&utm_campaign=article
https://www.fool.com/investing/2021...hoo-host&utm_medium=feed&utm_campaign=article
I bet once they remove the lead from their vaping products, they will soar!
This :
Plus :
Plus : the rest of the comments here & elsewhere.
Now it's time to make your own conclusion out of all of this.
One thing that i could say, if you're not sure, confused, not feeling good about it, etc. :
,,You don't have to swing" - Buffett
600 000+ stocks out there.
Plus :
Plus : the rest of the comments here & elsewhere.
Now it's time to make your own conclusion out of all of this.
One thing that i could say, if you're not sure, confused, not feeling good about it, etc. :
,,You don't have to swing" - Buffett
600 000+ stocks out there.
So I looked at the chart and RLX traded almost 96 million shares on IPO back in mid January.
Yesterday it traded 107 million after gapping down.
I would buy it if it had .... gapped up.
Of course it might bounce. But unless favorable news comes out at some point, it is likely toast.
And toast <> max out the credit cards and mortgage the farm screaming buy. Just sayin'.
Strong stocks, not weak ones get bought.
Yesterday it traded 107 million after gapping down.
I would buy it if it had .... gapped up.
Of course it might bounce. But unless favorable news comes out at some point, it is likely toast.
And toast <> max out the credit cards and mortgage the farm screaming buy. Just sayin'.
Strong stocks, not weak ones get bought.
I think buying it is a good kamikaze way of trading.
There are many people doing such a thing actually.
It is also a good way to clean up the account, and have it top up again.