Things might oscillate all week for all I know but shit is going to print on Friday at least, I’m convinced
Ive seen different information regarding these types of transactions. Some say the execs have pre-determined sale dates which makes sense, but there also seems to be tons of action around the same time some of these stocks blow up. Is it a little of both?
Why wouldn’t I just buy it now at historic lows and wait? Could be a year or two years, I don’t really care. More asking as a thought experiment
You need to ask someone that actually knows what they are doing instead of gambling savings. But there is a decay of some sort. momux seems to be knowledgeable about such things.
They reset daily. It's not like buying and index fund or stock. For example, when oil crashed this year, OILU lost 80% basically overnight. I'm pretty sure it would have had to gain well over 150% to get back to even.
These people are insane to me. This is literally a straight up gamble that it will do the opposite of what its been doing the last few days.
That’s Wall Street baby. Comforting knowing your retirement is in the same casino as all that action, isn’t it?
I can attest to the OIL fuckery. I lost 20K on a crash and reverse split on UCO out of nowhere. One account from 30K to 10K. That is what you get for non diversification. Luckily it was my wife's fun money. Took me from May to get that account back to 27K and out of the hole with the wife. She was not happy when she saw that statement.
Not that I can see, which is why i jumped in at 109 when that drop stopped and shot up. I am hoping for 1K like some are saying.
The internet and 0 fee trading changing the game forever. Any sort of actual financial analysis is completely irrelevant if the right group of people get a hold of a stock. GME’s P/E is a number that wouldn’t fit on a calculator right now