Post by
MyHugeErection on Jun 21, 2022 4:36pm
LSPD should have done better today ...
Even though it popped and was on fire most of the morning, LSPD should have done way better today given the general market conditions.
It showed a lot of weakness from mid-day onwards as both the NASDAQ and the TSX just couldn't keep up with the rest of the markets and started gradually dropping.
What was even worse was NVEI's pathetic, embarrasing, disappointing, very confusing performance. After a reasonably strong showing yesterday, it was totally out to lunch today.
After a brief pop NVEI just literally gave up and surrendered, showed absolutely no strength and was definitely not in sync with the rest of the markets. Unbelievably, it actually closed in the red by $1.90!!! on a fairly strong, green bounce day.
Another huge disappointment was NTR.
Somethings definitely wrong when these growth stocks don't pop stronger on days like this. Looks like we're still in for some more rocky times ahead.
GLTA.
Comment by
Form001 on Jun 21, 2022 8:52pm
Yesterday, US market was close, the pop was too high in US, profit taking was the key. Apple can pop to 150.00, inflation rate is only July 13, think that we time for more upwave. IMHO
Comment by
MyHugeErection on Jun 22, 2022 8:31am
Form1, I hear what you're saying about LSPD's yesterday US pop and profit taking and it makes sense but then how do you explain NVEI's performance?
Comment by
Form001 on Jun 22, 2022 9:34am
Maybe because volume are low, they can manipulate easier or a bad news is around the corner.