Yep crazy moves both up and down, my HK shares up 27% overnight
All being well its still a great company, it is one of the only stocks I’ve ever bought that constantly makes me nervous of the dreaded “stock value 0”. I’ve never had that happen before but I’ve seen the horror stories!
Why do I have feeling that again, news is excuse. But reality dead cat bounce lower lows?
Disclaimer: Always wrong
I’m waiting for 60/65 USD to average down… So let’s see!
I wonder if any or how many short sellers on life support now from margin call
What’s the view on pre market trading today so far? I’m hoping it’s just a slightly over extended gain from yesterday with some profit taking but it is on a fairly steady decline currently. If it’s going to drop back to pre $80 levels I might sell and rebuy.
HK is up 12% they pretty much mirror each other.
Just looking at BABA, 2 days almost 50% up, but then you check chart, it is just back to levels it was 06.03.2022.
Now million dollar question, is it just up from now on, or we just reached top, lower low incoming.
I’d love some positivity right now please!
Long time no see, I had to dump morses. It went south real quick!
Chine pie up 45% on 2 days. I had simillar scenario during Covid March crash, most of those risky picks had revisited the lows again so was good opportunity for 50% returns in matter of days.
Just PDD 65% up … crazy stuff…
Its nice when you become familiar with a stocks patterns and can benefit from what looks to be a dead end. Sitting and watching is frowned upon but as you say theres a lot potential profit to be made just from following patterns and trading accordingly
Yeah I’m still holding and adding each month. It’s fear of claims due to these CMC pushing as much as they can. If you check financial ombudsman you can see half of these cases are irrelevant. Also one of the directors selling before leaving the company triggered this, he’s now also been taken off the BOD for the FCA.
I am 3x long now, to be fair, it’s just playing money compared to my other positions but still feel the trading here is safer than some of my AIM investments lol
I still made a decent profit from it so i might wait it out and buy back in, do you still see the company as a winner then even with the potential for cases?
I’ve never had the balls for trading options, i know its just a bet as long as its covered but the betting mentality does worry me…
I do, they are the biggest in their market now and we are heading into perfect conditions for their business.
I mean I am no expert but at these prices I’m adding a couple % to my holding each month. Could be 10x bagger.
I’ve still got some scraps from it as T212 didn’t sell it all for some reason, I will have another look. I noticed I had some strong dividend payments from it aswell, I’m just going through the history. One as recent as last month (on the scraps)