Post by
barneyj44 on Apr 22, 2022 11:54am
IArx an Investment or a day trader?
Dissapointing the volatility Arx has compared to its peers. Great if you can catch the swings but these kinds of movements is steering investors towards the Tourmalines.
Comment by
Mike975 on Apr 22, 2022 12:06pm
Agreed. ARX being manipulated a fair bit here lately, hard for us longterm investors to sit by and watch these fluxtuations. +/- 15% per week in market cap is insane
Comment by
GunnerG on Apr 22, 2022 1:05pm
I think you need to have another look at TOU. It's price swings are similar to ARX's. I own both and they tend to follow each other.
Comment by
barneyj44 on Apr 22, 2022 1:29pm
I have taken another look at Tourmaline, down .95%, Arx down 2.87%. Definitely don't want to start a position on a green day as you will be whipp sawed in no time flat. Long since $8 so have a nice profit on paper but not trading this has probably been a bad move. More Shanghai lock downs aren't helping matters.
Comment by
GunnerG on Apr 22, 2022 10:34pm
Yes, a one day comparison tells the whole story, It is a dog. Take your profitss quick.
Comment by
barneyj44 on Apr 22, 2022 10:38pm
Who said it was a dog, those are your words.
Comment by
Trapped on Apr 23, 2022 7:01am
Consolidation separates the men from the boys. I love consolidation.