Community effort to make bank after the coming "big smashola"?

Scataphagos said:
Let me suggest we all make a list of stocks we might buy for BIG gains after the coming recession/washout. This list should be ongoing... add a stock to your "follow" list when you run across one that looks like it might be promising. Then after the crash, we can post our favorites for all to see and benefit.

I have a folder called Stock Watch with about 60 stocks in it... when I come across something I put it in there for future reference. When the big smash comes, I'll for sure include the pot stocks (which may be selling for pennies) and certainly FCX (Freport McMoran).

In the 2008 bear market, Citibank got down to $.95. Are you serious??? Citibank?

We're likely to see similar this time around too. Might be a year or more before it's time to buy the hoped-for "baggers", but need to prepare in advance.
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I'm sure those pumpers at WallStreetBets will lead the sheeples when the time comes.
 
schizo said:
I'm sure those pumpers at WallStreetBets will lead the sheeples when the time comes.
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Perhaps better if you buy "value". Wall Street will pump "a few", of course. In 2009, I don't recall any pumping of Citibank... it was as low as $.95.

CGC (pot stock) went from $2.13 to $4.26 in a month just on bottom fishing. Wouldn't you take a flier on it $ $.25... or $.10? And I don't mean, "buy 1000 shares".. but rather buy 100,000 shares if that fits into your risk profile. It would be like buying a cheap option that never expires.
 
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Scataphagos said:
Perhaps better if you buy "value". Wall Street will pump "a few", of course. In 2009, I don't recall any pumping of Citibank... it was as low as $.95.

CGC (pot stock) went from $2.13 to $4.26 in a month just on bottom fishing. Wouldn't you take a flier on it $ $.25... or $.10? And I don't mean, "buy 1000 shares".. but rather buy 100,000 shares if that fits into your risk profile. It would be like buying a cheap option that never expires.
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Well, I don't think WSB was around back then. Also the investing/trading climate has really changed in the last 15 years. The so-called "meme stocks", where a community of organized traders artificially pump a stock, would definitely be considered illegal in the past (at least when I started back in the 90s). I don't know what these lazy regulators are doing. How times have changed.
 
schizo said:
Well, I don't think WSB was around back then. Also the investing/trading climate has really changed in the last 15 years. The so-called "meme stocks", where a community of organized traders artificially pump a stock, would definitely be considered illegal in the past (at least when I started back in the 90s). I don't know what these lazy regulators are doing. How times have changed.
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Used to be that for a company to buy its own stock was illegal. NOW look what they do!
 
MacBookProHo said:
The problem with 'buying the dip' or 52 week low....is you don't, truly, know where the bottom will be,
simple.jpg

Imagine buying everything in the Fall of 2008.....but it keeps on dipping, and dipping, and dipping still until March 2009,

SimpleMeLike, are you rich yet day trading NQ futures,...from 5K to 500K to five million,...from a paper account to real money, now,
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%%
LOL \exactly.
It ''dipped'' down\trended a LOT LONGER than that in bear of 2000, 2001, 2002.
Most of the millionaires in the stock market ARE MARKET MAKERS/SPECIALIST$;
+ investors that buy every Month for 30 or 40 years.......................................................
But my JAN buys did so much downtrends, i waited 'till this month todo some investing;
nothing like main trend= down\ medium trend down.......................................................................................
Make a million/net+ taxes + SEC fees:caution::caution::D:D
 
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