Tic's take.
Jet Black said:
Bearish sentiments on a TA thread gonna tank the stocks!
J/k
JbKing45 said:
I've been a long time lurker. I has just noticed that the filing had occurred and that no one mentioned it. I thought it was a topic to at least be discussed. My intention wasn't to bash but to bring about conversation. I'm long the stock as well. The filing was a little unusual to me due to the size and timing.
Tomas Hermensa said:Jet Black said:
Bearish sentiments on a TA thread gonna tank the stocks!
J/k
Not suggesting TA is a market mover, but I've seen other social media platforms devolve into bull/bear pumping. I'd just hate to see that happen here. And I know you were kidding, I was just clarifying my post.
With you here.$30,000 Millionaire said:
Charts later. NVDA is my #1
Yes, and remember MGNI before they changed their symbol ( I can't remember what it was), but a lot of people were worried when it hovered around $5 or under.gougler08 said:
There was lots of consternation around NIO a couple years back when he was saying to accumulate around $3-4. His accumulation plays don't necessarily pay off immediately but they normally get a big return for the patient ones
When $SPX finally corrects, its most likely to cost both 2 day dip buyers & major top callers: Selloff with a few big trap bounces, into a big low as bear market calls start. Feb 2021 good example. Easy way not to get caught: Trade 1 move at a time, lvl to lvl & let price unfold
— Adam Mancini (@AdamMancini4) August 22, 2021
RUBI, that was it, thanks.Tomas Hermensa said:
It was the Rubicon project. I was in that a little but not nearly as much as I wish I'd been.
Totally understand. I've been there...over-weighted on positions. This one reason why I try and at least warn about position sizing. I learned the hard way from my own mistakes. Not because anyone told me to buy 30,40, 50%+ of my portfolio in one or two positions.RenoAg said:
Don't disagree with your sentiments. And certainly OA owes nothing to anyone. But I think it is fair to acknowledge that his commentary over time regarding WWR and ELOX was considerably different than other stocks. How many others did we see him use "pound the table" (WWR) language for? None that I'm aware of. How many others did he describe with language like 80-90% certainty of a large move coming like he did after the large insider trade (ELOX) while it was spiking a few months ago? Also none that I am aware of. Given the respect he has earned amongst those on this thread, it isn't hard to comprehend how some newbie investors reacted strongly to those 2 recommendations and are overweighted and overexposed on them. And now that we are seeing events that were unforeseen and perhaps not well understood by those newbie investors, I can understand their concern. And they are wanting to hear any updated thoughts from OA to see if his outlook on those 2 has changed. I think it is fair to acknowledge all of that.
But none of us have any right to expect any such guidance. Each of us is responsible for every investment decision we make. Always. If nothing else, I hope everyone that needed to learn it, learns not to get too far over their skis on any investment no matter who is recommending it.
I'm not in any panic about my investment in either of these two companies. I do understand the mathematics of dilution though. So the ceiling on potential returns has adjusted lower in my estimation. And at no time was I ever expecting an immediate move on either of these two stocks. To be fair to OA, I think he was always reasonably clear about that. So I'm going to continue to be patient on both of them, expecting I'll be rewarded eventually. I've seen nothing to change my long term outlook for either one.
No one can call that, but expect pressure on it by short sellers until their next earnings release or positive news release. If it doesn't happen, great, but if it does, then it won't grind on you.CrazyRichAggie said:
We thinking WWR a50% drop in the am?
I am long shares on this but.....BaylorSpineGuy said:
Nice charting. Question for you.
When you post something like this, how do you typically play it? Spreads? Buy calls or other options? Buy shares?
I'm curious how you approach a chart like this. I'm a very inexperienced investor and trader, and I'm only approved for level 2 options trading, so what would be the play here?
Thanks in advance and hoping all on here are doing well.
We're getting lonely here in the big 12. Miss the revelry of when we used to play you guys every year. Always had red eyes for the Aggies until I married into the Heaton (Heaton Hall) family. It's eased things considerably :-).