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illumin Holdings Inc T.ILLM

Alternate Symbol(s):  ILLMF

illumin Holdings Inc. provides a journey advertising platform, which enables marketers to reach consumers at every stage of their journey by leveraging advanced machine learning algorithms and real-time data analytics. It enables advertisers to connect intelligently with audiences across online display, video, social and mobile campaigns. Its Programmatic Marketing Platform, powered by machine learning technology, is at the core of its business, accompanied by patented solutions for analytics-led video and mobile targeting that leverages data. It enables marketers by offering near real-time reporting and analytics, bringing accountability to programmatic advertising to deliver business results and help solve the challenges that digital advertisers face. Its illumin software offers advertising automation technology that offers planning, media buying and omnichannel intelligence from a single platform.


TSX:ILLM - Post by User

Comment by Prosilenceon Jul 15, 2021 11:37am
96 Views
Post# 33549478

RE:RE:RE:RE:RE:Who are the idiots selling?

RE:RE:RE:RE:RE:Who are the idiots selling?I ended up swing trading Acuity lately. Not my long position, that stays as is. But there is so much constant swings, I couldn't resist. I just opened a separate position with about 1/10th the amount of shares compared to my long hold position. Today for example I sold for $11.22, and bought back for $10.88 and $10.50 (all CAD). Next time it goes back towards the mid 11s, I will sell my smaller swing lot of shares again, and repeat. There are three potential results: 1) it trades sideways forever, and I keep making small profit off swing trades forever (I hope this doesn't happen, and I doubt it will) 2) eventually I'm going to sell my swing lot of shares (again, these shares are in addition to my long position, I am not selling any of that) and the price never goes back down by a meaningful amount again, thus my swing trading is finished, and my long position grows. This would be ideal. 3) worst case scenario, I buy 'low' and the stock never recovers or goes higher by any meaningful amount and keeps dropping, causing the addition of my swing shares on top of my long position to drop. I'm okay with risking getting 'stuck' with an extra bit of shares if Acuity doesn't pan out.
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