Its the law of the land. Just call me Mahi Law
I just mean the eventual correction. By the way I am officially wrong about moving over $39. Not with the weekend approaching.....and no news. SUNE and SCTY are moving right back up to the pre-dip highs though
My buy in at $36.63 yesterday is well documented. You were too busy with muppet. Yes on Margin. But I sold yesterday near the high. Been a nice couple days. Bought in today at $38.40 and sold at $38.74 Been moving big blocks. I officially thanked you and stock girl for my decision to go into cash....which set me up for a big buy at the lows yesterday. It was a simple bet that the market wasn't correcting. but I am moving into cash each day except for a chunk of INVN
This is the pre-earnings set up....barring a market correction prior. Hoping for $45 before the end of the world. So we stay over $38 during the end of the world. And then awaken to a new world fully transitioning to sustainable clean energy.
It was a day trade....and it worked beautifully. Basically just a one day bet that the market was not actually correcting.....and that anything under $37 was golden for the day. Just luck i got it so low....and just luck that it rose back up so quickly, or I would have bailed with a small gain. I managed to hold off until she went green. and sold 6000 shares for a nearly $2 gain. Still holding 3000. But ready to bail. This market is sketchy.
Im sure ALL that IS going on. But as far as corruption goes....i think it is relatively mild stuff. But that is a very unofficial statement from someone who hasn't a clue. What i do know is....the government is supporting them in the meantime. Even with the competition....there are not enough companies to build all the EV cars that China needs to and wants to build. The 50 garages takes time...I don't think they said they would have 50 garages in 6 months.
If you own 1000 stocks....i think most any 5 year period would show a profit. But it doesn't take more than a little research to narrow that down to 30 stocks that will our perform those 1000.
Or is it easier to speak in terms of for every $1000 in assets? Anyone got a ball park?
I am in with a 1000 shares. My days of riding stocks with 10,000 shares are over. Major resistance since April was at $13.70. It cleared that. It has had some high volume days to clear it. It got a fat paycheck from the government.......basically the government is not going to let it fail. It is one of those mis-understood stocks....risky on the surface....but when your gut, common sense, intuition or whatever you want to call it tell you that the world is shifting into clean alternatives in big way.......KNDI is really a true gem. My new plan is to hold cores of GTAT, KNDI, INVN, CAMP, HAIN and a few others .....for a good five years. I will continue to move big lots in and out of SPWR as long as i have the time to day trade.
I always know you keep it real....nice move.
ok...now I see your clowning....with the 20,000 shares....so you still are waiting for $33. There is a gap down there...could happen.
what price you get them? I thought you were the guy waiting for $33
KNDI is one of those mis-understood gems. Yes...risky on the surface...but when you look deeper and you see the huge problem in China with pollution and you see the huge support the goverment has for KNDI and how they are determined for them to succeed...you realize what a great stock KNDI is. They just got a check from the goverment for $11000 for every car they sold the past 18 months. They can't fail.
may not dip much lower than today EVER. Correction will come...but SPWR has a good chance of being well over $45 when it starts.
your funny....but I really did what I did