Ekels wrote: » So you're saying 'no' because is $720 is a good time to enter or 'no' because $720 isn't a good time to enter (like I implied)?
dashcamdanny wrote: » Aurora cannabis (ACB) is expected to produce an earnings report next week, followed by a reverse split. Could be a pump and dump situation.
Jim2007 wrote: » Well if it is, it would be the first one done with a price slowly heading for the floor.... The price chart for a pump and dump, typical shows a build up over a few months followed by a dramatic price drop over a few days - the point when everyone in the know gets out and demand dries up. More over the reverse split is to avoid a delisting.
Atlas_IRL wrote: » I dont think it is a good time, i'm waiting for another crash but that's just my opinion. Hard to see them all keeping 50% rises in one month to ath's and holding it coming into a looming recession.
voluntary wrote: » Reverse split on penny stock is always a probable dump program. Keep the price high enough to make it tradable.
Jim2007 wrote: » In this case it is specifically required to avoid a delisting... and the price patter does not suggest a manipulation.
Lex Luthor wrote: » $EROS had a good pump yesterday
Atlas_IRL wrote: » Yeah theres loads of them i want to buy but gonna have to wait for a drop. I am really bullish on shopify. They are spending 1 billion on a distrbution network in the US. I think this is going to be huge.
StupidLikeAFox wrote: » I downloaded DeGiro a few years ago and bought 1 share in Shopify and 1 share in Ryanair, just to test it out. Then thought I sold them both because I lost interest, but low and behold i made a mistake with the shopify one and still have it. I bought at 113$ and it is currently 709$ - a 593.53% increase
Ekels wrote: » I hazard a guess that your username never before accompanied a post so appropriately!
Thargor wrote: » Dont you mean oversold?
OwlsZat wrote: » No. Overbought refers to a security that analysts or traders believe is trading above its intrinsic value. Overbought generally describes recent or short-term movement in the price of the security, and reflects an expectation that the market will correct the price in the near future.
A reading of 30 or under is considered oversold and identifies a potential rate increase. A reading of 70 or higher is considered overbought and identifies a potential rate decrease.
Thargor wrote: » Lol I know what the terms mean, your justification for saying it was overbought was that the RSI was 14, that's not overbought...
Thargor wrote: » Alright don't have a temper tantrum I didn't even look at the ticker I was just wondering why someone would think that way about a low RSI... Jesus we have some "characters" in this forum these days.
retalivity wrote: » Easyjet approaching March's 5yr low of 475p. I'm in at 485p, currently 487p
Mad_maxx wrote: » easyjets march low was 410 p
littlevillage wrote: » In these days of Coronavirus hysteria is anybody keeping an eye on drug trials/genome research companies ? “During the gold rush its a good time to be in the pick and shovel business” ― Mark Twain I like Open Orphan (ORPH : AIM) ? ... they are a drug trials/genome research company that have recently doubled in size as a result of a merger, and gained a potential block buster flu vaccine drug in the process. CEO Cathal Friel seems to be a serious deal maker who talks a great game and he is making no secret of the fact that its going up for sale once the combined entity is profitable.... somewhere in next 12 months. (he owns a stack of the equity himself and is locked in for 3 years). SP has actually slipped a few % this week so far... soo might be a buying opportunity. Disclaimer : This is still a small London AIM listed company soo ....DYOR
retalivity wrote: » Not according to Degiro or Yahoo finance?
voluntary wrote: » Just thinking aloud, if we have a second wave/crash, then it will be much more painful for regular people. So many average Joes loaded savings in stocks in the last 4 weeks. If/when the stock market crashes again, the people's perception of their wealth may change dramatically which in result will further fuel the selloff.
Timmaay wrote: » No difference to back in Jan/feb (I was the idiot average joe then lol)
AmberGold wrote: » Anyone have any thoughts on Berkshire Hathaway Inc B, thinking of taking a significant plunge.
