01-25-2021, 03:09 PM
(01-25-2021, 03:00 PM)divmenow Wrote: So on CNBC they said that institutions are targeting stocks that have high amount of shorts. Forcing the shorts to cover. Example like GME. That’s absolute manipulation.Well said. I agree this market is getting out of control. But some good has come out of this. While they are bidding up the hyped names some good names are being sold off in the process. We should be thanking those traders and robin hood thieves
Man its beginning to look dangerous now. These kids that are investing based on that info and the boards are going to get a rude awakening soon.
GEVO is not one of those names but its up another 31% today. At some point this and NNDM, BNGO, OEG ect will get clobbered since they don't even make money.
I sold them all today near the highs and decided I played the game well and its now time to cash out a winner lol. I still hold some GEVO and OEG buts its now free money just to see how high they can take them. Just remember the higher they go, the more offerings they will do. All these companies need money to survive. You all do what you want. Get RICH! I'm happy with 80-100% returns on hyped stocks lol
Like I said its good to have a trading account. You just have to know when to get out. What's that Kenny Rodgers song??? "You've got to know when to hold 'em
Know when to fold 'em, know when to walk away.. And know when to run" LOL
I only use my trade account to make a few bucks and then turn around and use those proceeds on proven winners. GL all. Keep making money
As Warren said: “Be Fearful When Others Are Greedy and Greedy When Others Are Fearful