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Old Today, 04:08 PM   #4051
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The higher it goes, the more the weak shorts start to cover...this is why trading is beautiful...don't care what the long term prospects are for the market...every day is its own prospect
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Old Today, 05:38 PM   #4052
geroge.burns99
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Originally Posted by lamboguy View Post
CEO just spent $50 million buying shares after this things got croaked down 55% off the top.

do you think this guy knows what he is doing?

i do!!

especially when the stock never went below $100 since 2018 IPO

But is he doing it for long term or maybe a quick sale & profit????

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Old Today, 07:33 PM   #4053
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especially when the stock never went below $100 since 2018 IPO

But is he doing it for long term or maybe a quick sale & profit????
George, i have no clue how long this guy wants to keep $50 million in a high tech innovative company. i am just saying this guy laid his money down with some type of expectation that we don't know. i don't think he sold it yet, so he must have high expectations.

understand this, all technology companies will eventually fall apart no matter how good and great they are. there is always someone else trying to make a better technology.

there is one company that seems to be bucking that trend, and they have been a dead dog for about 15 years now, IBM. they much have something big going on with them.
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Old Today, 07:40 PM   #4054
Rex Phinney
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Originally Posted by lamboguy View Post
CEO just spent $50 million buying shares after this things got croaked down 55% off the top.

do you think this guy knows what he is doing?

i do!!

It's interesting, but my policy is I can't buy anything that doesn't make money, these guys are on the borderline in that regard. It's also a stock that looks like a COVID play. I know it's easy to say OMG it's down 50-60% but the reality is some of these tech plays are simply back where they were before the pandemic. So maybe the price today is just the correct price outside of the COVID environment.
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Old Today, 08:08 PM   #4055
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i caught 2 stocks today going up, rivian and robinhood. i think i posted them here a few days ago. i saw CROX had a big day, but i wasn't watching that one so i didn't get it.

i am using a system to play them, i am waiting to play them on the 4th attempt to break a trend line. with these stocks that i have been posting, i have had a very high percentage of being on the right side of the thing. if it doesn't break the trend line on the 4th attempt, i am out. so i am limited on the number of stocks i can watch at once. that's how i missed CROX today.

i also don't know how long this system will work for, some big guys will pick it up and they will kill it for everyone else.
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Old Today, 08:41 PM   #4056
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seriously?
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