RE:AC STOCK PRICE GAINS WILL BE THE GREATEST The second part of this post is revealing as to why the trolls are here.
OnTheBalance wrote: Here are some references on MARGINS OF SAFETY; Current sockprice versus last year's pre-covid high (not 52 weeks high). Doesn't matter how you look at it, AC with extremely high liquidity, and a solid covid exit plan, and Feds totally aligned with sector recovery, now has the greatest potential for SP APPRECIATION of all major North American airlines. PERIOD!
Current price vs Previous Highs: Biggest Gains will be with AC >>>
AC @ 50%
UAL@ 62%
AAL@74%
DAL@78%
LUV@108%
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A TRADING DAY!
So How Many Competing Algos does it take to totally Fuxx each other up? ;) Humour aside, interesting detail in there.
Some Algos, end goal is to have Net Accumulation. They may short, hoping for more follow through so they can buy greater numbers of cheaper shares.
But then other wily Algos, and damn retail buyers mess things up, as they may be buyers.
And then there are Algos, who actually want to work on shorting.
Blend it all together, add in some trolls who post for their masters, in the hope of pushing over some weak retail hands.
Voila, you got the game called ‘a day of trading’.
Imo, independent, retail investors can still win the game. By learning to own shares, add from time to time, and SIT. Like a good spy, or a CSIS agent, got to learn to be patient, and SIT. Own, Watch, Sit. Add, sometimes