No one has ran away or flip-flopped from THO.
It was way undervalued at $75.
I called it out at $75 and it went to $89.60.
Do I still like it? Yes.
But as I said, I'll say when it's time to get back in.
Right now the S&P is in a down trend, and we are technically in a bear market.
The VIX is north of 30, fuel and other commodities are at or near all-time highs, recession looms, interest rates are going up (how much is anyone's guess), we have a war in Europe and a madman with his finger on the button of 4000+ nukes... I mean.... get a clue. These are all huge headwinds. Especially for a company like THO.
You don't buy stocks when the entire market is coming down. How stupid is that? How rookie.
Dude you know what bear markets do to people like you, and others with no experience(?)>>>> they socialize losses and they privatize gains.
Which camp do you want to be in? I want to be in the camp that makes money on the way down too.
There's plenty of good stocks out there, but why catch a falling knife? If buy and hold is your game, then you should dollar cost average a small amount every month into a stock you like.That's smart investing and the way to win long term as markets rise and markets fall.
But this is Elite Trader. Key word: Trader.
So yes, a little less nitpicking, but also a little less bravado and bs, and a little more research on your part.
Asking me about (for example) insider sales, options action, or the earnings date... you can use a myriad of available resources just as easily as I can. So do it, and put a lid on how great you are. Have you ever noticed only 3 or 4 other people besides myself and you post in our threads? They may read them for the drama value, but paaaleeeze, it's not for you being the best in the world.
Enough said.
It was way undervalued at $75.
I called it out at $75 and it went to $89.60.
Do I still like it? Yes.
But as I said, I'll say when it's time to get back in.
Right now the S&P is in a down trend, and we are technically in a bear market.
The VIX is north of 30, fuel and other commodities are at or near all-time highs, recession looms, interest rates are going up (how much is anyone's guess), we have a war in Europe and a madman with his finger on the button of 4000+ nukes... I mean.... get a clue. These are all huge headwinds. Especially for a company like THO.
You don't buy stocks when the entire market is coming down. How stupid is that? How rookie.
Dude you know what bear markets do to people like you, and others with no experience(?)>>>> they socialize losses and they privatize gains.
Which camp do you want to be in? I want to be in the camp that makes money on the way down too.
There's plenty of good stocks out there, but why catch a falling knife? If buy and hold is your game, then you should dollar cost average a small amount every month into a stock you like.That's smart investing and the way to win long term as markets rise and markets fall.
But this is Elite Trader. Key word: Trader.
So yes, a little less nitpicking, but also a little less bravado and bs, and a little more research on your part.
Asking me about (for example) insider sales, options action, or the earnings date... you can use a myriad of available resources just as easily as I can. So do it, and put a lid on how great you are. Have you ever noticed only 3 or 4 other people besides myself and you post in our threads? They may read them for the drama value, but paaaleeeze, it's not for you being the best in the world.
Enough said.
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