Post by
ol_griz on May 25, 2023 9:34am
$32? What the heck
are we doing down here? I can't see that this makes sense, unless the market is predicting a credit default and economic collapse, which also doesn't make sense. My June options looking good at this point. Much lower and I will buy back the shares that went this month.
Comment by
Alexcanada on May 25, 2023 7:48pm
Next time we spike I'm selling some as Gab did previously. I must say that I thought a lot about doing it on the day of the ER. My bad. I will not add any more shares unlee there's clear confirmation that we are in an uptrend for good.
Comment by
pierre55 on May 26, 2023 3:46pm
That is the problem with a stock that's been so volitile for so long. Every spike, investors just want out, hence stock craters. In my humble opinion, this will be the high until q2 earnings report. In the meantime, lets all hope the market continues on it's happy, happy momentum! lol
Comment by
iknownothingalot on May 26, 2023 7:00pm
Your true colors come out once again. A stock that makes a move from 23 to 36 will naturally pull back and consolidate. You couldn't resist taking a dump on the name as usual simply because you couldn't figure out the trade. I'd rather be a wealthy dreamer than a second rate trader.
Comment by
iknownothingalot on May 26, 2023 7:02pm
Oh I forgot a 10% retracement after a 60% upward move is certainly a "crater."
Comment by
iknownothingalot on May 27, 2023 10:24am
Had fun Pierre but now I must return to focus on my business. No more time for this meaningful banter. Good luck with your investing.
Comment by
Alexcanada on May 27, 2023 11:10pm
Compared to WSP, SNC performance on the stock market has been underwhelming to say the least in the last 3-4 years. BUT this interval is simply too short
Comment by
Alexcanada on May 31, 2023 6:07pm
Hope we are not going to retrace under MA200 because this is going to trigger a major sell by algos if sustained (death cross). WSP almost under MA200. I will surely start a position if I can get an even sweeter deal.