RE:RE:RE:RE:RE:Guide to No Knowledge Posters - translation guideAuctioneer wrote: Yeah I missed that one but oh well. Opening new position in PAT.
GordoTheGreek wrote: Pretty dull trading day here too except for a bounce play on KHRN
that I opened this morning and still holding. quote=Auctioneer]You too buddy. Just arrived at our cabin. Time for a cocktail shortly. No action for me today other than to sell half my swing in ACB.
GordoTheGreek wrote: Well said. Have a a good weekend, amigo.
Auctioneer wrote: It's really boring on here today, and I'm not trading much. I'm about to knock off for the weekend. I was thinking about some of the posts on here recently and offer the following translation guide for No Knowledge Posters:
NKP says "Congrats ACB longs" or "This is just the beginning" - look at selling a partial position
NKP says "We are getting rid of the weak hands" - it will likely go lower yet. Hang on a bit.
NKP says "The slimy shorts are at it again" means that successful traders are likely seeing an inability to break resistance, so they are selling in order to bank profit and then buy back lower. Those people aren't worse people than long investors.
NKP says "Shorts are gonna burn/roast!" means that there has likely already been a run on the stock, and it will soon correct.
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Tell your friend that if he wants to gain one ounce of credibility, he should announce his move in real time, like one minute after his transaction. It is so easy to brag after the fact. This is what the trolls are doing. At least, you posted your transaction of IAN that lost .24c yesterday. I don't critic your choice since I didn't follow the company, but as a technical guy, don't you think it was a bit of what is called "bottom fishing". :p <--- (This is only a teasing funny face)