RE:RE:RE:RE:RE:RE:RE:POSBroker , BLABLABLA. YOURSELF
Meanwhile bought at $18.00 in 2019 and sold at nearly $44.00 and $45.00 in 2019, rebought @ $13.90 resold @ $37.30. Too volatile to buy and hold for now.
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Watch all the bankruptcies coming. And Trump the idiot in the WH not giving the example. Americans not wearing masks, not respecting social distancing, well this is what you get.
Just search the bankruptcies coming and its not a rosy picture.,
Walgreen just cut 4000 jobs
Announced this morning Airbus just cut 15000 jobs
And the list goes on..
Watch all the mom and pop businesses shut down.
Who you going to sell if businesses are closing down left and right. https://www.cantechletter.com/2020/04/lightspeed-poss-weaknesses-have-been-revealed-this-investor-says/ https://www.cantechletter.com/2020/06/lightspeed-pos-overvalued/
https://www.cantechletter.com/2020/01/lightspeed-pos-is-a-stock-to-avoid-this-investor-says/ Retail and Food businesses are struggling massivlly these days, barely covering their costs, think their going to buy POS software.
HOW LONG WILL THIS PANDEMIC LAST, WHAT IF THERE IS A 2ND WAVE. ----------------------------------------------------------------------------------------------------------------
As for other tech stocks this tech highs reminds me of late 1990's and the beginning of 2000 when the Nasdaq passed 3000, 4000 and 5000 before crashing down.
The only reason most stocks are on a run is because of the Fed Reserve 700 billion quantative easing program and cutting rates to zero. If you still do old-fashioned, cold analytical analysis based on numbers, you’ll see that the stock market is significantly above the mother of support zones.
GLTA