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I know you’re being coy, but assuming you are saying that a downturn is coming as in February?
I mean a violent rip down would be a nice opportunity. The slow bleeds seem worse. Two steps down, one step up, or more likely two steps down for 10 steps, then back up 6 steps. Guess it's a market makers dream market.
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Two observations:
I suppose that makes sense. Still a bit weird but guess that is microcap world. Just seems crazy that this was the only way they could raise funds for something that has more than tripled lately.
He's not a great face of the company from a communication standpoint. That said, I'm not going to bag on the guy if he's willing to put his company and shareholders first.
Absolutely not bagging on him, just pointing out a wishlist of communications faux-pas that I wish he'd work on.
Nadir and CYDY. .....And Chet. I Chet too. 
He mentioned TAIL as @[icon] posted above. It was more of a general stock market ready to turn before.
$TAIL was AWESOME back in Feb. I mean just a near perfect setup. I don't think you'll get as much juice now. Is an Emini contract doable? What about a Micro-Emini. I think those are available on major brokerages (but not sure 100%).
Fair, I mean we did just have the largest crash in history followed by the quickest bounce. I hear ya though. Just feel like this long grind down is what drives to ultimate capitulation because investors just get tired of it. Selling at new lows and buying at lower highs.
Would you have any interest in posting here what it is you are doing so those interested could learn?
Unfortunately, Tail isn't available on some major platforms, including what I trade on (Merrill Edge). I wish they offered something similar. I'd really like to get back into some precious metals for long term, but not sure if now is the time.
And I'm going to buy 400 more because I like round numbers and because I CAN!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!I now own 3,600 shares or SighDie!
I just tried to. What was your interpretation? I mean, I have my own because I totally understood every single word and wasn't at all completely confused. I'm just interested in your take.
Not bad, but there is no "due" affecting the dice bet.
Correct. Odds are the same every roll of the dice but people think if it hasn't come up for 36 rolls, it's 'due'. Guilty as charged myself but not on the horn bets. I do shake my head when the role is 2, 3, 3, 6, 3, 12 and freaks on the other side of the craps bubble machine are going nuts.
Whew, I hope you guys are right. Pump and dump biotech penny stocks are pretty common.
all I do is play the Come line and back the numbers with full odds.
Are you down?
My opinions and decision are based primarily on trend. I've written about this many many times in here. But in short - Trends exist in multiple time-frames. There can be conflict between those. For example $XYZ could be bearish on a minute chart; bullish on an hourly chart; bearish on a daily chart; and bullish on a monthly chart. The longer the time-frame the more weight the trend carries. Within the trend there are identifiable targets for $XYZ based off of levels of support (floor) and resistance (ceiling). At the moment of a change in trend - is where trends are most vulnerable to a whipsaw. Long term trends take months to resolve and "flip". Often in the process of changing trend - there will be a violent move against the current trend (a massive move down in a bull trend)...afterwards there is a violent move back towards and in alignment with that trend.
No, I'm in at $201. Like I said, I can hang for a while. It's offsetting losses in my small S&P and EM positions, while not remotely covering my CYDY losses. But those "losses" are on shares I didn't pay for, so they don't count.
My 'system', if you want to call it that, is very simple. I track SPY 8-month moving average, both EMA and SMA. When the monthly close switches from above to below on both, I switch from SPY to IEF. When the monthly close goes back above on both, I switch from IEF to SPY. It's boring but simple and it beats a simple buy-and-hold on the SPY.
Yeah, this is shaping up as my worst day of the year, thanks to CYDY and to a lesser degree TVIX (so glad I offloaded some pre-market).No, I'm in at $201. Like I said, I can hang for a while. It's offsetting losses in my small S&P and EM positions, while not remotely covering my CYDY losses. But those "losses" are on shares I didn't pay for, so they don't count.
ROKU was one of my better buys during March. Had been watching for a while and didn’t quite pull the trigger back last year when it touched $100 in October. Bought some in the $90s and said F it I’ll buy more at $65 a week later. If I had just plowed all my cash into the stocks I bought that bottom week (16th-23rd most stocks I watched bottomed in there), I’d be fat and happy and wouldn’t worry about another leg down because those were bargain prices on some solid growing companies. On the one hand I don’t want to lose real money, but on the other I’d be happy to have another chance to buy in close to those levels.
I don't think you will see under 100 for a long time. Its more likely to go to 1000 again, imo
I’m good on Roku, I bought in on it. There were others that I wish I bought more of like SHOP at $300 or HUBS at $90. Even though I post a decent amount, it’s really been only a year since I bought my first individual stock outside of prior 401ks and Amazon (via grants). I was definitely skittish to buy too much because of all the talk of falling off a cliff. For instance, I bought 50 ROKU at $96 and only 30 at $65. Same with FSLY, bought 317 before the drop at $19 and 100 more at $11 during the drop. Lesson learned for the next collapse!
From WSJ:
