No! who the heck does that? I ride the bumps. Been buying at the low end of this cycle, sold at 16 on the last cycle. Jeeezze I may be crazy but not stupid....I think?
I hope they cook this POS. I'm tired of the corruption and our SEC really has done nothing. If he gets off with a wrist slap I'll be very disappointed although not surprised.
The SEC is a joke. Slap on the wrist after Musk hires a few of their employees for $1M / year. Their one of the biggest corrupt agencies in our government. SECrony.
Right now I've been cost averaging into INSY. So it's had a few pops and I've taken 1/2 off the table each time while buying on the dips. So my cost basis is where I want it to be. The stop is such that I can't loose on that trade right now (unless there is crazy news that jumps my stop). Other then that, I've been trading several ETF's. Dust, NUGt, ERX, ERY. I trade them against each other off their MA's and Pivots. These are mostly day trades because I don't like holding the commodities over night. Not at this time, to volatile during the after market. Until there is a direction I'm just taking 'sure' things and keeping my greed in check.
Knock 3 times. was expecting a pullback but sold 1/2 at 17.05 just re-added this morning. Let's see where it closes. Have another buy order in lower but I think we've met our low for the day. If not, I'll take those profits on next pop so my price average point will be below 10 to break even. Right now in for free if my stop doesn't get jumped on some crazy news.
I don't think this is a short squeeze I think there are a lot of shorts covering on the pullbacks but nothing dynamic. Need to see 3x volume before I can say SQUEEEEEEZE!
INSY. Up 7K in 1 week. With this POS lost $1500. Garbage stock. Pumpers keep pumping, I see better things on the horizon. Only reason why I got into this POS in the first place was the high volume breakout and pull back to the 20. What a waste. Can't win them all. Much more interesting boards elsewhere.
Added more this morning but it looks like there's a lot of covering going on. Every time it drops a little it closes towards the open for the past few sessions. I like that!! Now we broke some resistance so we could be off the to races.