Investing General Discussion

Gravel said:

...and the markets immediately dump into the red.

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It has been rare when we actually met expectations. Markets not sure what to do. Most likely this pushes us to 25 basis point bump next meeting.

SPIR +30% the last two weeks.

Rais said:

SPIR -45% previous 2 weeks. I guess something’s you should try and time.

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I was adding in the low .90's

Rais said:

Ahh. This seems to be on a pattern. It cycles down to around 1 dollar. Few months later it takes off back up to around 1.4 then back down. Unless I’m wrong it’s been like that since I first saw this stock and picked it up when you mentioned it last year. Been gobbling up a lot when it dipped below 1. Will keep going up to 1.2 and wait for the cycle all over again.

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Yep, that is the same play I am making. I have a position at a cost basis of about $3 that I cant do much about so I ignore it for now. When it dips below $1 I add new positions and sell them when it starts breaking over $1.40 and take the profits. Eventually I will scrape enough profit to cover that $3 position investment. Once this happens I will probably just let it sit and see what happens. Each quarter they get closer to profitability, so unless this trend goes south I am a long hold.

Zzen said:

you have an uncanny ability to buy the bottom

Blazin

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Are you implying he likes gay male prostitutes?

TSLA ripped a nice midday turnaround.

VIX momentarily broke below 19

nt

nt