Post by
buckstop on Apr 20, 2021 11:41am
Uh! You can go back up now.
Unbelievable. Whenever I decide to not buy a stock it scoots up .50-.60 cents. Maybe a buck. Nobody sells. Then whenever I decide to buy it grinds slowly down and dies. Sits and does nothing for two three four days. Then I sell and the next day it gaps up for no reason and runs relentlessly back up. Love the stock market.
Oh...and some of you will say. Just hold long. I've lost a small fortune doing that in the past as I watch it inexplicably go on a slow downtrend for two or three months. While everyone on the bullboards says what's going on this doesn't make sense it should be up. Uh. Can't win.
Comment by
driller1a on Apr 20, 2021 11:45am
I share your frustration. That EGLX candle right now just looks stupid and makes no sense. Actually, after watching the stock markets for 30 years. I can assure you. None of it makes any sense at all.
Comment by
pecuniam on Apr 20, 2021 11:48am
And you can be assured that nobody on the planet said, "I'll just sell here at $10.90 because I'll be able to buy eglx back in about an hour for $9.90." It's enough to drive people nuts.
Comment by
pecuniam on Apr 20, 2021 11:54am
Buckstop. I've been in your shoes. You can bet that if you were to sell right now. Eglx will bounce back to at least $10.50 by close. But, if you hold it will ride yesterdays close price to 4pm for no reason at all.
Comment by
buckstop on Apr 20, 2021 11:58am
Lol! Thanks. It is funny to watch. This morning eglx had everybody crawling over each other to get shares before 10 am up to $11. Now you got some clowns selling their shares at $9.98 just for fun.
Comment by
driller1a on Apr 20, 2021 12:17pm
Wow! There are alot of people slamming sell orders every little price blip up.
Comment by
driller1a on Apr 20, 2021 2:03pm
Hey Buckstop. It looks like you sold :) lol!
Comment by
buckstop on Apr 20, 2021 2:04pm
Nope. I said to heck with it. I bought 3000 more shares at $10.
Comment by
driller1a on Apr 20, 2021 2:06pm
Good. Your luck may have changed. You might want to hold that through tomorrow. The Nasdaq listing could be interesting.