Originally Posted by myselff77:
I wanted exposure to some stocks like CRISPR, but was not expert enough and didn't want to do the research to figure out what was best so I just put $1k into ARKG. Turns out Cathie was not really much an expert in it either and I am down 40%. It's in my Roth so I'll probably just let it ride and hope it turns around sometime in the next 20 years.
I have a little bit of EDIT stock for the same reason. I've lost about the same amount, but I'm holding it because if they cure death I think the stock will skyrocket. [Reply]
Originally Posted by scho63:
That's not good for your dreams. :-)
The $40-45 shorts were right
Just like your Blackberry worth $20 and it's now $6
Almost everything has tanked including stocks you've talked about. And your dumbass still had no clue Blackberry was more than a phone company. :-) [Reply]
Originally Posted by MTG#10:
Almost everything has tanked including stocks you've talked about. And your dumbass still had no clue Blackberry was more than a phone company. :-)
I've been to Blackberry in Waterloo with a former CEO since his cousin was one of the co-founders.
I know a hell of a lot more than you but keep on believing [Reply]
Unless we get some kind of buying or short covering or something, there is absolutely little to like on the charts right now. The only ray of hope is we could possibly be setting up a head and shoulders bottom.
But the down trend strength is really strong right now and the market internals suck!
edit: We bounced right off the 20 day Linear Regression line on both the SPYs and QQQs. Morning could be interesting..... [Reply]
Originally Posted by petegz28:
Unless we get some kind of buying or short covering or something, there is absolutely little to like on the charts right now. The only ray of hope is we could possibly be setting up a head and shoulders bottom.
But the down trend strength is really strong right now and the market internals suck!
edit: We bounced right off the 20 day Linear Regression line on both the SPYs and QQQs. Morning could be interesting.....
Yeah, the grains backed up some. I figure guys aren't wanting to be too heavy over the weekend. I thought maybe the inverse would happen in stocks. It appears not to. [Reply]
Originally Posted by Hog's Gone Fishin:
I'm wanting to know how the price could be in the mega millions ???
My hunch is that they do reverse stock splits and then people see that the stock is a buck or two and buy it because it seems cheap, and then they reverse split again and the process repeats. It looks more like a psychological trick on penny stock investors than anything else.
It looks like they just do massive stock issues frequently to get people to buy in, even though it's not creating value. It dilutes existing stock holdings and then they reverse-split back to some level of capitalization and everyone who bought stock loses most of their value through dilution: https://www.fool.com/investing/2020/...s-are-buy.aspx [Reply]
