One day up means nothing. Nothing means anything. The reason it might go up is that stuff like that happens all the time. Check for example the price now and in 2009 of NP LPX LEE NXST.
I had exm. What can you do. I have mtl and losing with it. All I buy is garbage because you have to buy low.
This does not read right. Needs corrections.
This stock might go straight up which means my advice here is wrong. Anything is ofcourse possible in the markets. But time is needed in order for people who had high hopes to sell their holdings.. Many are waiting for the situation to improve in order to recoup a larger part of their losses. Sadly, markets do not work like this. People have to lose money. Its a very old story - there are no exceptions. So the pos probably needs time to drop some more- thus people get the opportunity to liquidate with larger losses. Then and only then can the course reversal start. Less
This could go straight up and that means my advice is wrong. Anything is possible. But time is needed for people who had high hopes to sell. Many are waiting for the situation to change and for the stock to start moving up again. That way they could recoup more of their losses. Sadly, markets do not work that way. People have to lose money. It has to be that way - there are no exceptions. So this probably needs time to sink some more so people get a chance to liquidate with large losses. Then and only then can the course reversal start.
Its true as somebody posted! New high to new low just like that. This happened to my FMD too. The market is not your friend unless you place yourself at its mercy. Putting a stop loss gets it real mad and that you dont want.
paid 7.8 5.5 5. Down 163 dollars. What? Thats right - being a small timer is wonderful cause you can sleep at night. And no stop loss ever. Nice base. Will buy more in a few days. 120 dollars.
I would like to cut and paste from fidelity but it does not show here. Weird. One of my big winners (with 200 dollars lol). Ok I believe you. But options suck as a rule. Commission bid-ask premium. I avoid except deep in the money long term but rarely. So congrats. Just sold half because analysts very bullish on KKR.
I don't believe you. But I paid .75 at the bottom in 2009. Will show you after the open. Problem is I do not use stops and am thus forced to be a small timer. Spent 200 dollars.
Sophisticated investors know they have to be very nimble and make fast decisions. The most important decision is to do nothing. I decide when to buy and when to start selling a bit at a profit a few years later. Losses I can do nothing about and so I ignore them.
Its great that you spend time studying every angle before making a decision. I know nothing and only buy when a situation is dire. And yet here we both are in the same place.