The Investment Thread (5 Viewers)

[Turfie]

I’m fascinated by how the market closed. Some juggernaut green candles on so many junk stocks I follow at 3:55. SLGG, CTXR, IMMX

 

[Turfie]

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.

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.

 

[Turfie]

Nice job GME. Always a fighter.

 

[Turfie]

The mass media and big institutions are trying to will this market crash into existence. They don’t get this loud unless it’s in their best interest to do so.

 

[livefromDC]

The mass media and big institutions are trying to will this market crash into existence. They don’t get this loud unless it’s in their best interest to do so.

So should I be buying now is what you're saying?

 

[Turfie]

So should I be buying now is what you're saying?

I wish I knew. For me personally I am going to keep buying my favorite stock.

 

[Turfie]

GME had 2.4 million trading volume today. The lowest in 10 years.

 

[SteveSBrickNJ]

The Stock Market in general did better today...

https://www.cnn.com/markets

 

[Turfie]

Anyone thinking about investing in foreign currency?

 

[Turfie]

Apple tanking

 

[TXSAINTFAN]

Apple tanking

Ouch! I'm still up 13.5% but down quite a bit from the highs. Oh well, it's a long term hold.

 

[Turfie]

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.

So this genius play was a dumpster fire. Put $100 on it. Down about 25%.

 

[B4YOU]

The Dow is now below the Feb 2020 high. That’s 2.5 year ago and pre-pandemic.

 

[Turfie]

Interesting

 

[Snakehead]

So this genius play was a dumpster fire. Put $100 on it. Down about 25%.

I put $20 for SnGs.