The Investment Thread

Turfie said

I’m not making any moves at all. Just sitting out for the time being. I have a few swing plays that I’m trying to time when they drop to a certain level.

They are ROOT at $7.50 and XELA at $0.60. They are garbage companies. But I’m trying to time the algorithms.

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Texts with my brother

I was texting with my brother. This was back in mid August. I was studying algorithms that I think market makers and/or hedge funds use to short stocks.

My thesis was studying the dynamics of TBLT in its recent peak and extending those algos to XELA.

About 40 days ago I mentioned that I think on September 22 XELA would get algo’d down to $0.60. It’s now just under $0.62. Everything is lining up post reverse split.

I think XELA is going to bounce. I’m entering a few bucks at $0.60 and hitting it harder at $0.50. It might bounce hard. Probably going to put a few hundred on it.

Edit: obviously not FA.